Mortgage rates held steady Wednesday as the market showed little reaction to today’s economic data. August Durable Goods Orders rose 0.1%, slightly above expectations. New Homes Sales increased by 7.9% to 421,000 annual units, in line with forecast. The Mortgage Bankers Association weekly purchase activity index rose 7.0%, while the refinancing activity index increased 4.9%. Average reported conventional 30-year fixed rates fell to 4.62%, not including fees. Results from today’s 5-year Treasury auction will be released at 1:00 PM.