Rates were little changed in quiet trading Wednesday. In economic news, the National Association of Realtors reported July Existing Home Sales fell 0.7% to an annual rate of 5.34 million units, below the consensus forecast for an increase to 5.40 million. This was the fourth straight month of declines. Sales were 1.5% lower than one year ago. The median existing home price rose to $269,600, a 4.5% increase year-over-year. These represent national figures. The median home price in Louisville was $196,000 in July, a 7.1% increase compared to July 2017. Home sales in Louisville are also down compared to last year by similar percentages. Separately, detailed minutes from the August 1 Fed meeting will be released at 2:00 PM.