Daily Market Update 10/30/12

Mortgage rates were unchanged Tuesday as U.S. financial markets remained closed for a second day due to Hurricane Sandy.  In economic news, the S&P/Case Shiller 20-city home price index rose 0.5% in August, in line with expectations, and were 2.0% higher than one year ago.  No other data will be released today.  Markets will resume operation on Wednesday.