Rates held steady Wednesday as newly released housing data came in close to expectations. This morning, the National Association of Realtors announced July existing home sales rose 2.5% to an annual rate of 5.42 million units, slightly above forecast. The inventory of existing homes available for sale was at a 4.2 month supply, 2% lower than one year ago. The median home price rose 4.3% year-over-year to $280,800. Stocks moved higher. Detailed minutes from the July 31 Fed meeting will be released at 2:00 PM.