Key Economic Indicators – October 14, 2013

  • Due to government shutdown, there were only a few data releases.
  • The advance figure for initial claims for unemployment insurance increased 66 thousand to 374 thousand in the week ending October 5th.
  • August consumer credit outstanding increased at an annual rate of 5.4% to $3,036.9 billion. Revolving credits decreased at an annual rate of 1.2%, while non-revolving credits increased 8.0%.
  • The results of Freddie Mac’s Primary Mortgage Market Survey of October 10th showed average fixed mortgage rates changing little for the week. The 30-year fixed mortgage rate averaged 4.23%, up from last week when it averaged 4.22%.
  • Mortgage applications increased 1.3% from a week earlier, according to data from Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 4th.

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