Daily Market Update 11/6/13

Mortgage rates were little changed Wednesday dispite a rally in stocks.  Leading Indicators rose 0.7% last month, close to forecast.  The Mortgage Bankers Association weekly purchase activity index fell 5.2%, while the refinancing activity index declined 7.9%.  Average reported conventional 30-year fixed rates edged down to 4.32%, not including fees.  No other key economic data will be released today.

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