Calculated Danger: Tuesday: Housing Begins

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by Calculated Danger 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 common high tier standard 30yr mounted fee was only a hair over 7% on Friday afternoon and the identical is true at the beginning 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 crucial 2 weeks left in 2024. This has to do with the financial knowledge on faucet and its affect on the Fed announcement that may 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

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