by calculated risk 4/29/2024 08:06:00 PM
Mortgage rates were little changed over the weekend, with the average lender still at their highest level since November. Traditionally, his average 30-year fixed rate is just under 7.5% in the best-case scenario.
The situation could change significantly by the end of this week due to a number of important events and economic reports. (Fixed for 30 years 7.43%)
Emphasis added
Tuesday:
• 9:00 a.m. ET; S&P/Case-Shiller Home Price Index For February. The consensus is that his Comp 20 index will rise 6.7% year-on-year in February.
• Also, at 9 a.m.; FHFA Home Price Index For February. Originally it was a repeat sale only for GSE, but there is also an expanded index.
• 9:45 a.m.; Chicago Purchasing Managers Index For April. The consensus was 45.0, up from 41.4 in March.
• At 10 a.m. Housing vacancies and home ownership in Q1 2024 From the Census Bureau.