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Wednesday: Job Openings, FOMC Minutes

Summary:
From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed Near 4%Mortgage rates were marginally lower today compared to last week, but only when factoring in upfront finance charges.  Actual quoted interest rates have been unchanged for more than a week with the average lender quoting conventional 30yr fixed rates of 4.0% on 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: Job Openings and Labor Turnover Survey for August from the BLS. Jobs openings increased in July to 6.170 million from 6.116 in June.  This was the highest number of job openings since this series started in December 2000. The number of job openings were up 3% year-over-year, and Quits

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From Matthew Graham at Mortgage News Daily: Mortgage Rates Little-Changed Near 4%
Mortgage rates were marginally lower today compared to last week, but only when factoring in upfront finance charges.  Actual quoted interest rates have been unchanged for more than a week with the average lender quoting conventional 30yr fixed rates of 4.0% on 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: Job Openings and Labor Turnover Survey for August from the BLS. Jobs openings increased in July to 6.170 million from 6.116 in June.  This was the highest number of job openings since this series started in December 2000. The number of job openings were up 3% year-over-year, and Quits were up 4% year-over-year.

• At 2:00 PM: FOMC Minutes, Meeting of September 19 - 20, 2017
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

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