Daily Market Update 9/24/15

Rates inched lower Thursday as a sharp decline in stocks lifted mortgage-backed securities.  In economic news, weekly Jobless Claims fell to 267,000, a bit below forecast.  August Durable Goods Orders declined by 2.0%, close to expectations.  New Home Sales surged unexpectedly to 552,000 annual units, well above the consensus forecast of 515,000.  Results from today’s 7-year Treasury auction will be released at 1:00 PM.

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