US Markets will be open on Wednesday. Currently S&P 500 futures are up slightly. Wednesday: • At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the mortgage purchase applications index. • At 9:45 AM, the Chicago Purchasing Managers Index for October will be released. The consensus is for an increase to 51.0,...
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Mortgage rates fell in two weekly surveys. The Bankrate national mortgage survey reported the interest rate for a 30-year fixed-rate mortgage at 4.58%, down from 4.62% a week prior, while a survey from LendingTree.com reported the rate at 4.55%. Freddie Mac reported Wednesday that the average rate for a 30-year FRM increased slightly to...
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Every month the BLS puts out a report that discusses the difference between the household and establishment surveys: Employment from the BLS household and payroll surveys: summary of recent trends The Unemployment Rate comes from the Current Population Survey (CPS: commonly called the household survey), a monthly survey of about 60,000 households. The jobs...
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