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 166,000 jobs added, down from 233,000 in October.
• At 10:00 AM, the ISM Services Index for November. The consensus is for 55.5, down from 56.0.
• At 1:45 PM, Discussion, Fed Chair Jerome Powell, Moderated Discussion, At the New York Times DealBook Summit, New York, N.Y.
• At 2:00 PM, the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.