Monday, August 06, 2018

Tuesday: Job Openings

by Bill McBride on 8/06/2018 07:43:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Drift Modestly Lower

Mortgage rates were slightly lower for the 3rd straight business day, but not for any particular reason. Because of the relatively narrow range, rates are now technically as low as they've been since July 25th for the average lender. [30YR FIXED - 4.625% - 4.75%]
emphasis added
Tuesday:
• At 10:00 AM ET, Job Openings and Labor Turnover Survey for June from the BLS. Jobs openings decreased in May to 6.638 million from 6.840 million in April.

• At 3:00 PM, Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase $16.0 billion in June.