Friday, August 16, 2013
Daily Market Update 8/16/13
Mortgage rates were little changed Friday. In economic news, July Housing Starts rose 6% to an annual rate of 896,000, a bit below forecast. Building Permits, a leading indicator, increased by 3%. Second quarter Productivity jumped 0.9%, beating expectations. Consumer Sentiment fell unexpectedly to 80.0. No other key data will be released today.
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