by Calculated Risk on 10/29/2024 08:03:00 PM

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.

• 8:15 AM, The ADP Employment Report for October. This report is for private payrolls only (no government).  The consensus is for 108,000 jobs added, down from 143,000 in September.

• 8:30 AM, Gross Domestic Product, 3rd quarter 2024 (advance estimate). The consensus is that real GDP increased 3.0% annualized in Q3, unchanged from 3.0% in Q2.

• 10:00 AM, Pending Home Sales Index for September. The consensus is 1.0% decrease in the index.