Monday, March 02, 2015

Tuesday: February Auto Sales

by Bill McBride on 3/02/2015 07:58:00 PM

On mortgage rates from Matthew Graham at Mortgage News Daily: Mortgage Rates Back up to 3.875 Percent

What had been 3.75% on Friday is now 3.875% in terms of the most prevalent conventional 30yr fixed rates for top tier scenarios.
CR Note: The Ten Year yield increased to 2.08% today from 2.00% on Friday.

Tuesday:
• All day, Light vehicle sales for February. The consensus is for light vehicle sales to increase to 16.7 million SAAR in February from 16.6 million in January (Seasonally Adjusted Annual Rate).

• At 8:15 PM, Speech, Fed Chair Janet L. Yellen, Bank Regulation and Supervision, At the Citizens Budget Commission's Annual Awards Dinner, New York, New York