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.