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Wednesday: Housing Starts

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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 8:30 AM, Housing Starts for June. The consensus is for 1.450 million SAAR, down from 1.631 million SAAR in May.

• During the day: The AIA’s Architecture Billings Index for June (a leading indicator for commercial real estate).

NMHC: “Apartment Market Continues to Loosen”

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