Daily Market Update 2/7/17

Mortgage rates were little changed Tuesday in quiet trading.  In economic news, the December Trade Balance declined to $44.3 billion, a bit below expectations.  The Job Openings and Labor Turnover Survey, or JOLTS, indicated there were 5.50 million job openings in the U.S. as of 12/31/16, a slight decline from November.  Results from today’s 3-year Treasury auction will be released at 1:00 PM.

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