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Monday, March 25, 2024

Tuesday: Case-Shiller House Prices, Durable Goods, Richmond and Dallas Fed Mfg

by Calculated Risk on 3/25/2024 07:37:00 PM

Mortgage Rates From Matthew Graham at Mortgage News Daily: Mortgage Rates Basically Unchanged Over The Weekend

Mortgage rates enjoyed a decently strong week last week, with the average top tier conventional 30yr fixed rate moving down to 6.91% by Friday from 7.09% on the previous Friday. To put today's "unchanged" headline in perspective, that same number is up to 6.92% this afternoon. [30 year fixed 6.92%]
emphasis added
• At 8:30 AM ET, Durable Goods Orders for February from the Census Bureau. The consensus is for a 1.0% increase in durable goods orders.

• At 9:00 AM, S&P/Case-Shiller House Price Index for January. The consensus is for a 5.8% year-over-year increase in the National index for January, up from 5.5% YoY in December.

• Also at 9:00 AM, FHFA House Price Index for January 2021. This was originally a GSE only repeat sales, however there is also an expanded index.

• At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for March.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for March.