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institute of supply management: Rate Lock Advisory
- 06/01/08 02:42 PM
This week brings us the release of a couple important pieces of economic data in addition to some moderately important reports. There are a total of four or five reports that are worth watching and are most likely to affect mortgage rates.
Monday late morning: The first is the Institute for Supply Management's (ISM) will release it's manufacturing index. Analysts are expecting to see a 48.0 reading in this month's release, meaning that sentiment slipped slightly during May. A smaller reading will be good news for the bond market and mortgage shoppers. An unexpected increase could bring higher mortgage rates.
Tuesday: The only … (1 comments)
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This week brings us the release of a couple important pieces of economic data in addition to some moderately important reports. There are a total of four or five reports that are worth watching and are most likely to affect mortgage rates. 
;)
;)
