by Calculated Risk June 17, 2024 7:00 PM
From Matthew Graham of Mortgage News Daily: Mortgage rates to surpass 7% again next week
Mortgage rates have risen slightly to start the new week. The average 30-year fixed rate rose from a high of just under 7% on Friday to just above 7% today.30-year fixed rate of 7.05%)
Add emphasis
Tuesday:
• 8:30am: Retail Sales May retail sales figures are due to be released. The consensus is that retail sales will increase by 0.3%.
• 9:15 a.m.: The Fed Industrial production and capacity utilization Industrial production is expected to increase 0.2% in May, with capacity utilization rising to 78.6%.
