by Calculated Risk June 4, 2024 8:18 PM
Note: Mortgage interest rates are Mortgage News Daily These are for top-level scenarios.
Wednesday:
• At 7 a.m. ET, the Mortgage Bankers Association (MBA) Mortgage Purchase Application Index.
• 8:15 a.m. ADP Employment Report May payrolls. This report only covers private payrolls, not government payrolls. The consensus is that May payrolls will increase by 174,000, down from 192,000 in April.
• 10 am, ISM Service Index The May forecast calls for it to rise to 50.5 from 59.4.