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Tuesday: Trade Deficit, ISM Services


From Matthew Graham at Mortgage News Daily: Mortgage Rates Fairly Flat Despite Mixed Signals From Bond Market
Mortgage rates are unchanged to a hair lower compared to last Friday, depending on the lender. While that’s welcome news given some of the big jumps in rates seen in the past 2 weeks, the underlying bond market suggests we’re still in the middle of a waiting game. [30 year fixed 3.09%]
emphasis added
o At 8:00 AM ET, Corelogic House Price index for August

o At 8:30 AM, Trade Balance report for August from the Census Bureau. The consensus is for the deficit to be $70.5 billion in August, from $70.1 billion in July.

o At 10:00 AM, the ISM Services Index for September.

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