Forecast for the Week 
- Look for news from the manufacturing sector with the Empire State Index on Monday and the Philadelphia Fed Index on Thursday.
- Housing reports begin on Monday with the NAHB Housing Market Index. Housing Starts and Building Permits follow on Tuesday, while Existing Home Sales will be released Thursday.
- On Wednesday, investors will closely dissect inflation numbers with July’s reading of the Consumer Price Index.
- Wednesday’s release of the July FOMC Meeting Minutes has the potential to move the markets.
- As usual, Weekly Initial Jobless Claims will be released on Thursday.
Chart: Fannie Mae 3.5% Mortgage Bond (Friday August 14, 2015)
While email is an efficient way to communicate, it is also a medium ripe for misinterpretation of tone and mood. Here are four ways to avoid the subtlest blunders:
- CC and Reply All. Indiscriminately “CCing” or hitting “Reply All” to group emails can be annoying to other recipients to whom your reply may not apply. Determine if all recipients actually need to receive your response before sending to a large group.
- Being too brief. If someone takes the time to type a detailed outline of important issues, they may expect an equally thoughtful response. Unless you are asked for a simple acknowledgement of receipt, be sure to compose your reply with equal care.
- URGENT subjects lines. “URGENT” or “ASAP” in the subject line can be disrespectful of your recipients’ time and attention if the matter isn’t in fact urgent. Save these types of emails for emergencies only, and for truly urgent matters consider making a phone call.
- Critiquing and criticism. Even well-meaning and constructive criticism can be severely misconstrued. If people are unable to hear your tone of voice, they can read into the connotations of written words and imagine a tone all their own. When you must deliver negative feedback, a phone call is a better choice.
As always, feel free to pass these helpful tips along to your team, clients and colleagues.
Source: Inc.com
Economic Calendar for the Week of August 17 – August 21
|
Date
|
ET
|
Economic Report
|
For
|
Estimate
|
Actual
|
Prior
|
Impact
|
| Mon. August 17 |
08:30
|
Empire State Index |
Aug
|
NA
|
3.9
|
Moderate
|
|
| Mon. August 17 |
10:00
|
Housing Market Index |
Aug
|
NA
|
60
|
Moderate
|
|
| Tue. August 18 |
08:30
|
Housing Starts |
Jul
|
NA
|
1174K
|
Moderate
|
|
| Tue. August 18 |
08:30
|
Building Permits |
Jul
|
NA
|
1343K
|
Moderate
|
|
| Wed. August 19 |
08:30
|
Consumer Price Index (CPI) |
Jul
|
NA
|
0.3%
|
HIGH
|
|
| Wed. August 19 |
08:30
|
Core Consumer Price Index (CPI) |
Jul
|
NA
|
0.2%
|
HIGH
|
|
| Wed. August 19 |
02:00
|
FOMC Minutes |
7/29
|
NA
|
NA
|
HIGH
|
|
| Thu. August 20 |
08:30
|
Jobless Claims (Initial) |
8/15
|
NA
|
274K
|
Moderate
|
|
| Thu. August 20 |
10:00
|
Existing Home Sales |
Jul
|
NA
|
5.49M
|
Moderate
|
|
| Thu. August 20 |
10:00
|
Philadelphia Fed Index |
Aug
|
NA
|
5.7
|
Moderate
|
The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors.
Mortgage Market Guide, LLC is the copyright owner or licensee of the content and/or information in this email, unless otherwise indicated. Mortgage Market Guide, LLC does not grant to you a license to any content, features or materials in this email. You may not distribute, download, or save a copy of any of the content or screens except as otherwise provided in our Terms and Conditions of Membership, for any purpose. The material contained in this newsletter is provided by a third party to real estate, financial services and other professionals only for their use and the use of their clients. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice. Although the material is deemed to be accurate and reliable, we do not make any representations as to its accuracy or completeness and as a result, there is no guarantee it is without errors.
Mortgage Info By Michelle Wickett 