Daily Market Update 6/25/15

Mortgage rates were little changed Thursday in volatile trading.  In economic news, weekly Jobless Claims rose to 271,000, a bit below forecast.  The May Core PCE price index, the Fed’s preferred measure of inflation, increased 0.1%, matching expectations, and was a tame 1.2% higher than one year ago.  Results from today’s 7-year Treasury auction will be released at 1:00 PM.

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