Forecast for the Week 
- Look for wholesale inflation data via the Producer Price Index on Tuesday. The Consumer Price Index follows on Wednesday.
- Manufacturing data from the Empire State Index will be delivered on Wednesday, with the Philadelphia Fed Index on Thursday.
- Retail Sales will be released Wednesday.
- Housing news is abundant with the NAHB Housing Market Index on Wednesday, and Housing Starts and Building Permits on Thursday.
- As usual, weekly Initial Jobless Claims will be reported on Thursday.
To go one step further, a red “candle” means that MBS worsened during the day, while a green “candle” means MBS improved during the day. Depending on how dramatic the changes are on any given day, this can cause rate changes throughout the day, as well as on the rate sheets we start with each morning.
Chart: Fannie Mae 3.5% Mortgage Bond (Friday, February 10 2017)
The Mortgage Market Guide View…
How Successful People Read More Books
A single good idea from just one book can quickly transform your business or personal life. So why don’t more of us read more? The explanations are as unique as the people making them. You can get more reading done and make fewer excuses armed with these five tips:
Carve out time. According to a 2015 study by the Bureau of Labor Statistics, Americans ages 15 and older average just over 19 hours per week watching television and only about 2.3 hours per week reading. Whether you currently carve out a time to read or not, reallocating some hours is a possibility.
Set goals. Start small with reading goals, like five pages a day. You can work your way up to a chapter a day or a book a week.
Remove distractions. Eliminate obstacles to reading from your environment. Not reading in the TV room or within ear shot of programming and muting your phone will help you concentrate.
Keep things fresh. Having a variety of books to choose from (e.g. biographies and business, how-to or inspirational books) will help you maintain enthusiasm to meet your daily reading goals.
Grow with audio. Listening to books can dramatically increase time spent with books. Download audio books to your smartphone and listen on your commute, as you exercise, while you clean, or as you wait in line or for an appointment.
Reading more can help you attain your goals, expand your horizons and provide you with a constant stream of inventive ideas. Use these tips to begin reading more today.
Please feel free to pass these tips along to your team, clients and colleagues.
Sources: Inc., Lifehack, Better Humans
Economic Calendar for the Week of February 13 – February 17
|
Date
|
ET
|
Economic Report
|
For
|
Estimate
|
Actual
|
Prior
|
Impact
|
| Tue. February 14 |
08:30
|
Producer Price Index (PPI) |
Jan
|
NA
|
0.3%
|
Moderate
|
|
| Tue. February 14 |
08:30
|
Core Producer Price Index (PPI) |
Jan
|
NA
|
0.2%
|
Moderate
|
|
| Wed. February 15 |
08:30
|
Retail Sales ex-auto |
Jan
|
NA
|
0.2%
|
HIGH
|
|
| Wed. February 15 |
08:30
|
Retail Sales |
Jan
|
NA
|
0.6%
|
HIGH
|
|
| Wed. February 15 |
08:30
|
Empire State Index |
Feb
|
NA
|
6.5
|
Moderate
|
|
| Wed. February 15 |
08:30
|
Core Consumer Price Index (CPI) |
Jan
|
NA
|
0.2%
|
HIGH
|
|
| Wed. February 15 |
08:30
|
Consumer Price Index (CPI) |
Jan
|
NA
|
0.3%
|
HIGH
|
|
| Wed. February 15 |
10:00
|
Housing Market Index |
Feb
|
NA
|
67
|
Moderate
|
|
| Thu. February 16 |
08:30
|
Housing Starts |
Jan
|
NA
|
1226K
|
Moderate
|
|
| Thu. February 16 |
08:30
|
Building Permits |
Jan
|
NA
|
1210K
|
Moderate
|
|
| Thu. February 16 |
08:30
|
Jobless Claims (Initial) |
2/11
|
NA
|
NA
|
Moderate
|
|
| Thu. February 16 |
08:30
|
Philadelphia Fed Index |
Feb
|
NA
|
23.6
|
HIGH
|
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