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 March. This report is for private payrolls only (no government). The consensus is for 200,000 payroll jobs added in March, down from 242,000 added in February.
• At 8:30 AM, Trade Balance report for February from the Census Bureau. The consensus is the trade deficit to be $68.7 billion. The U.S. trade deficit was at $68.3 billion in January.
• At 10:00 AM, the ISM Services Index for March.