by Calculated Danger on 8/28/2023 08:01:00 PM
From Matthew Graham at Mortgage Information Day by day: Rates Relieving Some Pressure After Last Week’s Highs
Mortgage charges hit recent multi-decade highs final week with many lenders hitting the mid-7% vary earlier within the week for high tier standard 30yr mounted eventualities. There was some speedy aid on Wednesday, however issues have been broadly sideways since then. …
There are a number of financial reviews which have a robust monitor document of inflicting volatility for rates–at least one on every of the remaining days this week. [30 year fixed 7.29%]
• At 9:00 AM ET, S&P/Case-Shiller Home Value Index for June. The consensus is for a 1.1% year-over-year lower within the Comp 20 index for June.
• Additionally at 9:00 AM, FHFA Home Value Index for June. This was initially a GSE solely repeat gross sales, nevertheless there may be additionally an expanded index.
• At 10:00 AM, Job Openings and Labor Turnover Survey for July from the BLS.