Quicken Loans Capital Markets Update for October 28, 2009
U.S. Treasuries are slightly higher this morning after trading higher yesterday. The market will be watching the $41 billion 5-year U.S. Treasury auction later today after yesterday’s 2-year auction went extremely well. Treasury auctions for 2-year and 5-year notes are held on a monthly basis.
Today’s September durable goods orders came in on-top of analysts’ expectations and higher than the prior month. This is a sign that factories are helping ring in an economic recovery. Lastly, the September New Home Sales report is expected to show a 2.6% increase after seeing a 0.7% increase in August.
Related Information:
- Get today’s mortgage rates.
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Related posts:
- Quicken Loans Capital Markets Update – Predicted Increase in Home Sales Suggests Economic Recovery
- Quicken Loans Capital Markets Update – Pending Home Sales Show Slight Gain
- Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5%
Tags: 2-Year, 5-Year, New Home Sales, Treasury Auction
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[...] Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Ec… … [...]
[...] Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Ec… … [...]
[...] Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Ec… … [...]
[...] Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Ec… … [...]
[...] Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Ec… … [...]
[...] Quicken Loans Capital Markets Update – High Durable Goods Orders Show Factories Included in Ec… … [...]