Daily Market Report October 19

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Daily Market Report October 19 Video Clips. Duration : 2.62 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Today Mortgage Rates . There isn't any impactful economic releases today, but we did see Housing Starts go Up and Building Permits go Down. Also, in the news reports were the surprising move by China, which they raised their interest rates to stave off inflation. Some disappointing earnings reports, especially by B of A and Apple (among others). Fed Member Lockhart comments on QE2, which he suggests possibly buying large quantities of MBS every month. The Stock Market is Down and the Bond Market started lower, but climbed back Up. The Mortgage Rates are the same as yesterday's. If you review the Chart, then you'll notice we've been mostly going in a sideways pattern (with some volatility).

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