by calculated risk May 14, 2024 07:38:00 PM
Note: Mortgage interest rates are as follows: MortgageNewsDaily.com and for the top-level scenario.
Wednesday:
• At 7:00 a.m. ET, the Mortgage Bankers Association (MBA) will release the following results. Mortgage loan purchase application index.
• At 8:30 a.m.; April consumer price index From BLS. The consensus is that the CPI will rise by 0.3% (up 3.4% from the previous year) and the core CPI will rise by 0.3% (up 3.6% from the previous year).
• Also, at 8:30 A.M. retail sales It is scheduled to be released in April. The consensus is for retail sales to rise 0.4%.
• Also at 8:30 a.m., New York Fed. Empire State Manufacturing Survey For May. Consensus is expected to be -10.8, up from -14.3.
• May 10am NAHB Home Builder Survey. The consensus is 51, unchanged from 51 last month. A number below 50 indicates that more builders see sales conditions as worse than good.
