by Calculated Danger on 8/12/2024 07:10:00 PM
From Matthew Graham at Mortgage Information Every day: Mortgage Charges Successfully Unchanged to Start New Week
Immediately was utterly totally 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 Client Value Index (CPI) is the most important deal, however tomorrow’s Producer Value 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 Value Index for July from the BLS. The consensus is for a 0.2% improve in PPI, and a 0.2% improve in core PPI.