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Wednesday: ADP Employment, Q2 Housing Vacancies and Homeownership

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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 July. This report is for private payrolls only (no government). The consensus is for 185,000 payroll jobs added in July, down from 497,000 in June.

• At 10:00 AM, the Q2 2023 Housing Vacancies and Homeownership from the Census Bureau.

Vehicles Sales at 15.74 million SAAR in July; Up 18% YoY

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