Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. (Two weeks!)
• At 10:00 AM, Job Openings and Labor Turnover Survey for November from the BLS.
• Also at 10:00 AM, ISM Manufacturing Index for December. The consensus is for the ISM to be at 47.1, up from 46.7 in November.
• At 2:00 PM, FOMC Minutes, Meeting of December 12-13, 2023
• Late, Light vehicle sales for December. The Wards forecast is for 15.7 million SAAR in December, up from the BEA estimate of 15.32 million SAAR in November (Seasonally Adjusted Annual Rate).