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Wednesday: ADP Employment, Vehicle Sales

Wednesday:• At 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM: The ADP Employment Report for September. This report is for private payrolls only (no government). The consensus is for 152,000 jobs added, down from 195,000 in August. • All day: Light […]

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Construction Spending Increased Slightly in August, Down 1.9% YoY

From the Census Bureau reported that overall construction spending increased slightly in August: Construction spending during August 2019 was estimated at a seasonally adjusted annual rate of $1,287.3 billion, 0.1 percent above the revised July estimate of $1,285.6 billion. The August figure is 1.9 percent below the August 2018 estimate of $1,312.2 billion.emphasis added Private […]

Insurance

Best 5 LIC Policies to Invest in 2019-20

We all work hard so that one can fulfill their family’s financial obligations such as children’s higher education, marriage expenses, going for a dream vacation with your family, etc. In order to achieve this objective, you need to invest your money with an investment plan that offers you return on investment along with offering family […]

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A growth recovery looming ahead

An expected dovish pivot by central banks has materialized. Now what? Financial conditions in key developed economies have become more accommodative as a result, even though the lift to the broader economy has yet to kick in. We see policy easing helping sustain the economic expansion–and the likelihood of a growth pickup over the next […]

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Tuesday: ISM Mfg, Construction Spending

From Matthew Graham at Mortgage News Daily: Mortgage Rates Lowest in Weeks Over the past few business days, the sideways momentum gradually began to give way to modest improvements. Lenders have been slow to adjust their rate sheet offerings, but as of today, the average lender is back in line with its lowest rates since […]