Mortgage Rates Continue To Rise On Bad Economic News

NOT MARKET FRIENDLY:

*U.S. JANUARY HOUSING STARTS RISE 0.8% TO 1.012 MILLION RATE

*U.S. JANUARY SINGLE-FAMILY STARTS FALL 5.2% TO 743,000 PACE

*U.S. JANUARY SINGLE-FAMILY STARTS WERE WEAKEST SINCE JAN. 1991

*U.S. JAN. HOUSING STARTS COMPARE WITH 1.01 MILLION FORECAST

*U.S. JANUARY BUILDING PERMITS FALL 3% TO 1.048 MLN RATE

*U.S. DECEMBER STARTS AT 1.004 MLN RATE; REVISED FROM 1.006 MLN

*U.S. JANUARY CONSUMER PRICES RISE 0.4%; CORE INDEX UP 0.3%

*U.S. JAN. CORE CPI INDEX UP 0.311% AFTER 0.224% DEC. GAIN

*U.S. JANUARY CPI EXCEEDS FORECAST FOR 0.3% INCREASE

*U.S. JANUARY CORE CPI EXCEEDS FORECAST OF 0.2% INCREASE

*U.S. JANUARY ENERGY PRICES RISE 0.7%; FOOD PRICES GAIN 0.7%

*U.S. CONSUMER PRICES ROSE 4.3% IN JANUARY VERSUS YEAR AGO

*U.S. CORE CONSUMER PRICES ROSE 2.5% IN JANUARY VS YEAR AGO