Monday, August 27, 2018

Tuesday: Case-Shiller House Prices, Richmond Fed Mfg

by Bill McBride on 8/27/2018 07:36:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Higher (or Lower) Depending on Lender

Mortgage rates moved higher for some lenders and lower for others, depending on how that particular lender adjusted their rate sheets on Friday afternoon. … moves are relatively quite small in the bigger picture. On this scale, we're only talking about the upfront costs associated with any given rate as opposed to the actual payment ("note") rate itself. [30YR FIXED - 4.625% - 4.75%]
emphasis added
Tuesday:
• At 9:00 AM ET, S&P/Case-Shiller House Price Index for June. The consensus is for a 6.5% year-over-year increase in the Comp 20 index for June.

• At 10:00 AM ET, Richmond Fed Survey of Manufacturing Activity for August. This is the last of the regional surveys for August.