Wednesday, June 26, 2013
Daily Market Update 6/26/13
Mortgage rates inched lower Wednesday following the release of weaker than expected GDP data. First quarter Gross Domestic Product was revised lower to 1.8% from 2.4%. Slower economic growth could delay the Fed's tapering of bond purchases. Stocks moved higher. Results from today's 5-year Treasury auction will be released at 1:00 PM.
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