Daily Market Update 10/20/15

Rates faced upward pressure Tuesday as today’s housing data beat expectations.  This morning, the Commerce Department reported September Housing Starts rose to 1.2 million annual units, above the consensus forecast of 1.15 million.  Most of the increase was in multifamily units, however.  Building Permits fell a bit short of expectations.  No other key data will be released today.

Back to top