Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 10:00 AM, ISM Manufacturing Index for January. The consensus is for the ISM to be at 48.0, up from 47.4 in January.
• At 10:00 AM, Construction Spending for December. The consensus is for a 0.2% increase in construction spending.