Daily Market Update 1/26/16

Mortgage rates were little changed Tuesday in quite trading ahead of tomorrow’s Fed policy statement.  This morning, the S&P/Case-Shiller 20-city home price index rose 5.8% year-over-year in November, a bit above forecast.  Consumer Confidence increased to 98.1, beating expectations.  Stocks moved higher.  Results from today’s 2-year Treasury auction will be released at 1:00 PM.

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