Rates were little changed Thursday following the release of weaker than expected real estate sales data. This morning, the National Association of Realtors reported July Existing Home Sales fell 1.3% to 5.44 million annual units, the lowest level of the year, well below the consensus forecast for an increase of 0.9%. Historically tight inventory of homes listed for sale was cited as the main culprit. Housing inventory has declined for 26 consecutive months on a year-over-year basis. The median home price nationally was $258,300, up 6.2% from last July. Average days on market slid to 30, down from 36 one year ago. Separately, weekly Jobless Claims rose to 234,000, a bit below expectations. No other key data will be released today.