Wednesday: New Home Sales

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 10:00 AM, New Home Sales for July from the Census Bureau. The consensus is for 701 thousand SAAR, up from 697 thousand in June.

• Also at 10:00 AM, the Bureau of Labor Statistics (BLS) will release the 2023 Preliminary Benchmark Revision to Establishment Survey Data.

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