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Friday: Personal Income and Outlays, Pending Home Sales


From Matthew Graham at MortgageNewsDaily Lowest Mortgage Rates in 3 Weeks

• At 8:30 AM ET, Personal Income and Outlays for September. The consensus is for a 0.3% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.5%. PCE prices are expected to be up 6.2% YoY, and core PCE prices up 5.2% YoY.

• At 10:00 AM, Pending Home Sales Index for September. The consensus is 5.0% decrease in the index.

• Also at 10:00 AM, University of Michigan’s Consumer sentiment index (Final for October). The consensus is for a reading of 59.8.

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Personal Income increased 0.4% in September; Spending increased 0.6%

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