Tuesday: Industrial Production, Job Openings, Homebuilder Survey

From Matthew Graham at Mortgage News Daily: Mortgage Rates Stay Steady, Waiting For a Sign Mortgage rates were sideways to slightly higher today, prolonging a 3-day trend of exceptionally light volatility. The 5 days before that (beginning on Wednesday, October 3rd) were completely different, with a huge move higher at first followed by a moderate recovery at the beginning of last week. That recovery largely followed the stock market weakness. [ 30YR FIXED - 5.0% ] emphasis added Tuesday: • At 9:15 AM ET, The Fed will release Industrial Production and Capacity Utilization for September. The......(read more)

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