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Tuesday, July 29, 2008

Economic indicators for week

Here are a list of market moving indicators for the week of the 28th. There are some major market movers. The biggest of which are GDP which tell us the growth of the economy. and payrolls. These will have an effect on what the mortgage bonds do this week. Their is still great volatility in the mortgage market at this time and probably will continue until we can figure out how to settle the housing market and stabilize banks. The rates are currently between 6% and 6.75% on any day. It seems lately that every other day can be a bungee jump up and down. Right now is a good market to find good deals on homes and still rates are great compared to what they could be.
Consumer Confidence
Crude Inventories
Chain Deflator-Adv.
Employment Cost Index
GDP-Adv.
Initial Claims
Chicago PMI
Auto Sales
Truck Sales
Average Workweek
Hourly Earnings
Nonfarm Payrolls
Unemployment Rate
Construction Spending
ISM Index

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