Monday, June 03, 2019

Tuesday: Auto Sales, Fed Chair Powell Opening Remarks

by Calculated Risk on 6/03/2019 07:38:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Continue to Plummet

Mortgage rates dropped quickly again today, easily hitting the lowest levels since late 2017 for the average lender. [Today's Most Prevalent Rates 30YR FIXED - 3.875%]
emphasis added
Tuesday:
• All day, Light vehicle sales for May. The consensus is for light vehicle sales to be 16.9 million SAAR in April, up from 16.4 million in April (Seasonally Adjusted Annual Rate).

• At 9:55 AM, Speech by Fed Chair Jerome Powell, Opening Remarks, Monetary Policy Strategy, Tools, and Communication Practices, At the Conference on Monetary Policy Strategy, Tools, and Communication Practices (A Fed Listens Event), Federal Reserve Bank of Chicago, Chicago, Illinois (Watch here)

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