by Calculated Threat on 11/18/2024 06:53:00 PM
From Matthew Graham at Mortgage Information Every day: Mortgage Charges Did not Transfer A lot Over The Weekend
The typical high tier typical 30yr mounted price was only a hair over 7% on Friday afternoon and the identical is true firstly of the brand new week.
…
As for the danger of extra severe volatility, the one certain wager is that the primary two weeks of December are an important 2 weeks left in 2024. This has to do with the financial information on faucet and its influence on the Fed announcement that can comply with on the third week. [30 year fixed 7.08%]
emphasis added
Tuesday:
• At 8:30 AM ET, ,Housing Begins for October. The consensus is for 1.338 million SAAR, down from 1.354 million SAAR.
• At 10:00 AM, State Employment and Unemployment (Month-to-month) for October 2024
