Capital Markets Update – January Housing Data Higher Than Expected

We have a lot of economic releases slated for today, beginning with January’s housing data, which came in higher than expected and is sending bond markets down even further.

The MBA applications survey showed that average applications dropped slightly from the previous week.

The market will also be paying close attention to the Fed’s release of the January FOMC meeting minutes and their budget statement.

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2. Quicken Loans Capital Markets Update – Home Sales Expected to Have Rose By 5% ...
3. Quicken Loans Capital Markets Update – Mortgage Applications Rise, Consumer Credit Expected to Fall ...

Did Capital Markets Update – January Housing Data Higher Than Expected Deliver on the Promise?
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