The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 2.7% in the Purchase Index and a week to week increase of 2.7% in the Refinance Index.
At 10:00 AM EDT, the New Home Sales report for February will be released. The consensus is that 290,000 new homes were sold last month, which would be an increase of 6,000 from last month.
At 10:30 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.
At 12:00 PM EDT, Federal Reserve Chairman Ben Bernanke will give a speech on Community Banking in a Period of Recovery and Change to the Independent Community Bankers of America in San Diego.
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