by Calculated Threat 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 totally different than the earlier Monday in that it was a traditional, boring day with basically no change in mortgage charges over the weekend.
…
This might change within the coming days as necessary new financial stories are launched. Wednesday’s Client Value Index (CPI) is the largest deal, however tomorrow’s Producer Value Index (PPI) might play a supporting function. [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 Value Index for July from the BLS. The consensus is for a 0.2% enhance in PPI, and a 0.2% enhance in core PPI.
