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: New Home Sales for August from the Census Bureau. The consensus is for 653 thousand SAAR, up from 652 thousand in July.
• During the day: The AIA's Architecture Billings Index for August (a leading indicator for commercial real estate).