BMIC Mortgage Blog

Market Highlights - Thursday October 24, 2013

October 24th, 2013 11:42 AM by Gary Schiller

Not that much market moving data being reported today. Bonds are flat to slightly lower, which leaves mortgage rates unchanged for the day. Stocks are starting the day higher.

Initial jobless claims reported today came in at 350,000, versus the expectation of 335,000.00. The initial jobless claims number has had less and less significance lately as various states have has difficulty reporting their numbers. This week the reporting problems come from California.

Mortgage loan rates are starting the day flat to slightly higher.

Posted in:General
Posted by Gary Schiller on October 24th, 2013 11:42 AM