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Monday, September 13, 2021

Tuesday: CPI

by Calculated Risk on 9/13/2021 09:00:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Flat to Start The Week

Mortgage rates were fairly flat to start the new week. This leaves the average lender in the high 2% range for top tier conventional 30yr fixed scenarios (i.e. 20%+ equity, 740+ FICO, owner-occupied, single-family, detached homes). This is just a bit higher than the all-time lows seen at the beginning of the year when rates were in the mid-2% range. [30 year fixed 2.94%]
emphasis added
Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for August.

• At 8:30 AM, The Consumer Price Index for August from the BLS. The consensus is for a 0.4% increase in CPI, and a 0.3% increase in core CPI.