by Calculated Risk August 12, 2024 7:10 PM
From Matthew Graham of Mortgage News Daily: Mortgage rates head into new week essentially unchanged
Today was quite different to last Monday, a normal, boring day with very little change in mortgage rates over the weekend.
…
That could change in the coming days as important new economic reports are released. Wednesday’s Consumer Price Index (CPI) will be the most closely watched, but tomorrow’s Producer Price Index (PPI) may also play a supporting role.30-year fixed rate of 6.55%)
Add emphasis
Tuesday:
• 6 a.m. ET, NFIB Small Business Optimism Index July edition.
8:30 a.m. Producer Price Index for July From the BLS. The consensus is for PPI to increase 0.2% and core PPI to increase 0.2%.
