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Tuesday: Richmond Fed Mfg


by Calculated Risk on 11/21/2022 08:41:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed to Start Holiday-Shortened Week

Mortgage rates made their biggest recent move (and their biggest single day move ever) 2 Thursday’s ago after a key report showed inflation was lower than expected in October. There has been some jockeying for position among various mortgage lenders since then, but remarkably little change to the average 30yr fixed rate which is once again in the mid 6% range. … [30 year fixed 6.64%]
emphasis added

o At 8:30 AM ET, Richmond Fed Survey of Manufacturing Activity for November.

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