Daily Market Update 6/30/16

Mortgage rates held steady Thursday as global financial markets stabilized in the wake of last week’s Brexit vote.  In economic news, weekly Jobless Claims rose to 268,000, close to expectations.  The Chicago PMI regional manufacturing index jumped to 56.8, far above the consensus forecast of 51.0.  Readings above 50.0 indicate expansion in manufacturing in the Midwest region.  No other key data will be released today.

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