by Calculated Risk on 2/25/2019 08:23:00 PM
Monday, February 25, 2019
Tuesday: Housing Starts, Case-Shiller House Prices, Fed Chair Powell Testimony, Richmond Fed Mfg
From Matthew Graham at Mortgage News Daily: Mortgage Rates Only Modestly Higher After Tariff News
Mortgage rates were very nearly unchanged today, although the average lender was just slightly higher.Tuesday:
...
Potentially more important will be congressional testimony tomorrow with Federal Reserve Chair Jerome Powell. [30YR FIXED 4.375 - 4.5%]
emphasis added
• At 8:30 AM ET, Housing Starts for December. The consensus is for 1.256 million SAAR, unchanged from 1.256 million SAAR.
• At 9:00 AM, FHFA House Price Index for December 2018. This was originally a GSE only repeat sales, however there is also an expanded index.
• Also at 9:00 AM, S&P/Case-Shiller House Price Index for December. The consensus is for a 4.5% year-over-year increase in the Comp 20 index for December.
• At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for February.
• Also at 10:00 AM: Testimony by Fed Chair Jerome Powell, Semiannual Monetary Policy Report to the Congress, Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate