Monday, April 01, 2019

Tuesday: Vehicle Sales, Durable Goods and More

by Calculated Risk on 4/01/2019 07:21:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Surge 0.125% Higher

Mortgage rates spiked quickly today, capping a 3-day run leading back up from the lowest levels in more than a year. Today's move was by far the biggest and it leaves the average lender offering rates that are at least an eighth of a percentage point (0.125%) higher compared to most of last week. [30YR FIXED - 4.00-4.125%]
emphasis added
Tuesday:
• All day, Light vehicle sales for March. The consensus is for light vehicle sales to be 16.8 million SAAR in March, up from 16.5 million in February (Seasonally Adjusted Annual Rate).

• Early, Reis Q1 2019 Mall Survey of rents and vacancy rates.

• At 8:30 AM, Durable Goods Orders for February from the Census Bureau. The consensus is for a 1.9% decrease in durable goods orders.

• At 10:00 AM, Corelogic House Price index for February.