by Calculated Threat on 6/17/2024 07:00:00 PM
From Matthew Graham at Mortgage Information Each day: Mortgage Charges Again Above 7% to Begin New Week
Mortgage charges moved modestly greater to begin the brand new week. With the typical prime tier 30yr fastened fee just below 7% on Friday, this meant a transfer to only over 7% immediately. [30 year fixed 7.05%]
emphasis added
Tuesday:
• At 8:30 AM: Retail gross sales for Could is scheduled to be launched.  The consensus is for a 0.3% improve in retail gross sales.
• At 9:15 AM: The Fed will launch Industrial Manufacturing and Capability Utilization for Could. The consensus is for a 0.2% improve in Industrial Manufacturing, and for Capability Utilization to extend to 78.6%.
