by calculated risk 10/29/2024 08:03:00 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.
• 8:15 a.m.; ADP Employment Report For October. This report is for private payroll only (not government). The consensus was for job gains of 108,000, down from 143,000 in September.
• 8:30 a.m. Gross Domestic Product, Q3 2024 (Advance Estimates). The consensus is that real GDP grew at an annual rate of 3.0% in the third quarter, unchanged from 3.0% in the second quarter.
• 10am, Pending Home Sales Index For September. The consensus is for a 1.0% decline in the index.