Monday, January 04, 2021

Tuesday: ISM Manufacturing

by Calculated Risk on 1/04/2021 09:21:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Off To Slow Start, Which is Great

Mortgage rates are off to a slow start in the new year, and that's a good thing. An absence of movement means the average lender continues offering rates that are at or near record lows. For top tier, conventional 30yr fixed loans, that's around 2.75% for refinances and 2.5% for purchases.
emphasis added
• At 8:00 AM ET, Corelogic House Price index for November.

• At 10:00 AM, ISM Manufacturing Index for December. The consensus is for the ISM to be at 56.5, down from 57.5 in November.