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.
• At 8:15 AM, The ADP Employment Report for October. This report is for private payrolls only (no government). The consensus is for 25,000 jobs added, up from 32,000 lost in September.
• At 10:00 AM, the ISM Services Index for October. The consensus is for a increase to 51.0 from 50.0.
• At 11:00 AM, NY Fed: Q3 Quarterly Report on Household Debt and Credit