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.

 

Published by Seth Jacobs

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

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