Monday, August 12, 2019

Tuesday: CPI, Q2 Quarterly Report on Household Debt and Credit

by Calculated Risk on 8/12/2019 07:07:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Miraculously Flat Despite Massively Lower Treasury Yields

Mortgage rates were unchanged to slightly higher today ... despite a substantial drop in Treasury yields, mortgage rates are stuck in the mud. [Most Prevalent Rates 30YR FIXED - 3.625% - 3.75%]
emphasis added
Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for July.

• At 8:30 AM, The Consumer Price Index for July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

• At 11:00 AM, NY Fed: Q2 Quarterly Report on Household Debt and Credit