Today’s economic statistical releases:

The Mortgage Bankers’ Association reports that mortgage applications bounced back from the short Columbus Day week, rising 4.9%.

Durable Goods Orders look sluggish, with a headline report of a -0.8% drop, but ex-transportation, orders rose   1.7%.

New home sales jumped 5.7% in September to a 313k annual rate, but the increase comes at the expense of a 3.1% drop in prices.

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Dale Franks
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