Mortgage rates held steady ahead of this afternoon’s Fed policy statement. The Federal Open Market Committee wraps up its two-day meeting and will release a statement at 2:00 PM. No rate changes are expected but investors will be looking for clues about the timing of future increases. In economic news, June Durable Goods Orders fell 4.0%, far below the consensus forecast for a decrease of 1.0%. June Pending Home Sales rose 0.2%, short of expectations. Low inventory of homes listed for sale was blamed for the disappointing results. No other key data will be released today.