by Calculated Danger on 8/12/2024 07:10:00 PM
From Matthew Graham at Mortgage Information Day by day: Mortgage Charges Successfully Unchanged to Start New Week
Right now was utterly completely different than the earlier Monday in that it was a traditional, boring day with primarily no change in mortgage charges over the weekend.
…
This might change within the coming days as essential new financial studies are launched. Wednesday’s Shopper Worth Index (CPI) is the largest deal, however tomorrow’s Producer Worth Index (PPI) may play a supporting position. [30 year fixed 6.55%]
emphasis added
Tuesday:
• At 6:00 AM ET, NFIB Small Enterprise Optimism Index for July.
8:30 AM, The Producer Worth Index for July from the BLS. The consensus is for a 0.2% enhance in PPI, and a 0.2% enhance in core PPI.
