by Calculated Risk on 12/02/2025 07:44:00 PM

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 8:15 AM, The ADP Employment Report for November. This report is for private payrolls only (no government).  The consensus is for 20,000 jobs added, down from 42,000 in October.

• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for October. The consensus is for no change in Industrial Production, and for Capacity Utilization to decrease to 77.3%.

• At 10:00 AM, the ISM Services Index for November.  The consensus is for 52.1, down from 52.4.