Mark Aalto, from Pacific Residential Mortgage, Publishes his Mortgage Report Weekly, Great Job Mark!
Mark Aalto, from Pacific Residential Mortgage, summarizes the upcoming week in review with new market reports. Even though this report is geared to residential rates, it does have a relative effect on the Apartment market.
| Economic Indicator |
Release Date and Time |
Consensus Estimate |
Analysis |
| Industrial Production | Monday, Oct. 17, 9:15 am, et |
Up 0.3% | Important. A measure of manufacturing sector strength. Weakness may lead to lower rates. |
| Capacity Utilization | Monday, Oct. 17, 9:15 am, et |
77.2% | Important. A figure above 85% is viewed as inflationary. Weakness may lead to lower rates. |
| Producer Price Index | Tuesday, Oct. 18, 8:30 am, et |
Unchanged, Core up 0.1% |
Important. An indication of inflationary pressures at the producer level. Lower figures may lead to lower rates. |
| Consumer Price Index | Wednesday, Oct. 19, 8:30 am, et |
Up 0.3%, Core up 0.2% |
Important. A measure of inflation at the consumer level. Lower than expected increases may lead to lower rates. |
| Housing Starts | Wednesday, Oct. 19, 8:30 am, et |
565k | Important. A measure of housing sector
strength. Weakness may lead to lower rates. |
| Fed “Beige Book” | Wednesday, Oct. 19, 2:00 pm, et |
None | Important. This Fed report details current economic conditions across the US. Signs of weakness may lead to lower rates. |
| Weekly Jobless Claims | Thursday, Oct. 20, 8:30 am, et |
400k | Important. An indication of employment. Higher claims may result in lower rates. |
| Philadelphia Fed Survey | Thursday, Oct. 20, 10:00 am, et |
-10.4 | Moderately important. A survey of business conditions in the Northeast. Weakness may lead to lower rates. |
| Leading Economic Indicators | Thursday, Oct. 20, 10:00 am, et |
Up 0.2% | Important. An indication of future economic activity. A smaller increase may lead to lower rates. |
