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, Existing Home Sales for April from the National Association of Realtors (NAR). The consensus is for 4.18 million SAAR, down from 4.19 million. Housing economist Tom Lawler expects the NAR to report sales of 4.23 million SAAR.
• During the day, The AIA’s Architecture Billings Index for April (a leading indicator for commercial real estate).
• At 2:00 PM, FOMC Minutes, Minutes Meeting of April 30-May 1, 2024