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Monday, March 04, 2024

Tuesday: ISM Services

by Calculated Risk on 3/04/2024 08:54:00 PM

Mortgage Rates From Matthew Graham at Mortgage News Daily: Mortgage Rates Not Much Higher Than Friday

Mortgage rates were at the best levels in 2 weeks as of last Friday and today's offerings are only modestly higher.
...
The two reports above all others are CPI (the Consumer Price Index) and the big jobs report. CPI caused a stir just before the sideways vibes set in and this Friday's jobs report is just as capable. [30 year fixed 7.09%]
emphasis added
Tuesday:
• At 10:00 AM: the ISM Services Index for February.