by Calculated Danger on 9/23/2024 06:59:00 PM
From Matthew Graham at Mortgage Information Every day: Mortgage Charges Transfer Barely Increased to Begin New Week
Mortgage charges rose modestly final week after hitting long run lows earlier than the Fed introduced its 0.50% price lower. In not so many phrases, mortgage charges had already gotten in place for that lower and have been thus left to endure a gentle correction. [30 year fixed 6.20%]
emphasis added
Tuesday:
• At 9:00 AM ET, S&P/Case-Shiller Home Value Index for July. The consensus is for a 5.9% year-over-year enhance within the Composite 20 index for July.
• At 9:00 AM, FHFA Home Value Index for July. This was initially a GSE solely repeat gross sales, nonetheless there’s additionally an expanded index.
• At 10:00 AM, the Richmond Fed manufacturing survey for September.
