by Calculated Threat 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 prime tier typical 30yr fastened price was only a hair over 7% on Friday afternoon and the identical is true at first of the brand new week.
…
As for the danger of extra critical volatility, the one positive wager is that the primary two weeks of December are a very powerful 2 weeks left in 2024. This has to do with the financial knowledge on faucet and its influence on the Fed announcement that can observe 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
