Calculated Risk: Tuesday: Industrial Production, NY Fed Mfg
all-time lows. ... Purchase rates (30yr fixed, conventional, top tier) are in the 2.375-2.625% range while refinance rates are another 0.25% higher for most lenders (some have even bigger gaps between purchase and refi rates). emphasis added Tuesday: • At 8:30 AM ET, The New York Fed Empire State manufacturing survey for December. The consensus is for a reading of 6.8, up from 6.3. • At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for November. The consensus is for a 0.3% increase in Industrial Production, and for Capacity Utilization to increase to ...
Source: calculatedriskblog.com