by Calculated Danger on 1/13/2025 08:17:00 PM
From Matthew Graham at Mortgage Information Every day: Mortgage Charges Barely Greater to Begin New Week
The extra essential consideration is the brand new spherical of potential volatility on the horizon. Whereas it was the roles report final week, this week’s vital information will probably be Wednesday’s Shopper Value Index (CPI). Tomorrow’s inflation information (the Producer Value Index) shouldn’t be fairly as essential, however a nonetheless able to inflicting a response.
If inflation is available in larger than anticipated, it might simply push charges even larger. [30 year fixed 7.26%]
emphasis added
Tuesday:
• At 6:00 AM ET, NFIB Small Enterprise Optimism Index for December.
• At 8:30 AM, The Producer Value Index for December from the BLS. The consensus is for a 0.4% enhance in PPI, and a 0.3% enhance in core PPI.
