With the political tensions increasing in North Korea and the political headlines causing some volatility mortgage interest rates declined during the week and ended the week lower last week and near the lows for the year.
Next week the following economic events will occur and economic reports will be released which may have an impact on mortgage interest rates:
- The JOLTS report will be released on Tuesday;
- The Consumer Price Index report will come out on Thursday;
- The Retail Sales report will be released on Friday; and
- There will be Treasury Auctions on Monday, Tuesday and Wednesday.