Mortgage Market Update 10/25/18

Mortgage rates were little changed Thursday.  In economic news, September Pending Home Sales rose 0.5%, above the consensus forecast for a flat reading.  Weekly Jobless Claims increased to 215,000, in line with expectations.  The European Central Bank (ECB) made no change in interest rates or monetary policy.  Results from today’s 7-year Treasury auction will be released at 1:00 PM.

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