Events effecting the Maine Mortgage Market 11.08 to 11.12

~ Seth Jacobs

LOOKING AHEAD

Economic
Indicator		 Release
Date & Time		 Consensus
Estimate
Analysis
3-year Treasury Note Auction Monday, Nov. 8,
1:15 pm, et		 None Important.  $32 billion of notes will be auctioned.  Strong demand may lead to lower mortgage rates.
10-year Treasury Note Auction Tuesday, Nov. 9,
1:15 pm, et		 None Important.  $24 billion of notes will be auctioned.  Strong demand may lead to lower mortgage rates.
Weekly jobless claims Wednesday, Nov. 10,
8:30 am, et		 460k Important.  An indication of unemployment.  Higher figure may lead to lower mortgage rates.
Trade Data Wednesday, Nov. 10,
8:30 am, et		 $46b deficit Important.  Affects the value of the dollar.  A falling deficit may strengthen the dollar and lead to lower rates.
30-year Treasury Bond Auction Wednesday, Nov. 10,
1:15 pm, et		 None Important.  $16 billion of bonds will be auctioned.  Strong demand may lead to lower mortgage rates.
U of Michigan Consumer Sentiment Friday, Nov. 12,
8:30 am, et		 67 Important.  An indication of consumers’ willingness to spend.  Weakness may lead to lower mortgage rates.

 

Advertisements

Published by Seth Jacobs

Mortgage Broker, Disc Golfer and First Person Shooter Fan living in Vacationland.

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s