Tuesday, October 10, 2017

Wednesday: Job Openings, FOMC Minutes

by Bill McBride on 10/10/2017 07:38:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed Near 4%

Mortgage rates were marginally lower today compared to last week, but only when factoring in upfront finance charges.  Actual quoted interest rates have been unchanged for more than a week with the average lender quoting conventional 30yr fixed rates of 4.0% on top tier scenarios.
Wednesday:
• At 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 10:00 AM: Job Openings and Labor Turnover Survey for August from the BLS. Jobs openings increased in July to 6.170 million from 6.116 in June.  This was the highest number of job openings since this series started in December 2000. The number of job openings were up 3% year-over-year, and Quits were up 4% year-over-year.

• At 2:00 PM: FOMC Minutes, Meeting of September 19 - 20, 2017