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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED APRIL 13, 2018

The economic news released this week produced little reaction to mortgage interest rates however, the rally in the stock market was negative for rates and they ended the week slightly higher than last week.

Next Week the follow economic data will be released and the following events will occur, any of which could impact mortgage interest rates:

  1. The Retail Sales report will be released on Monday; and
  2. The Industrial Production report and the Housing Starts report will both be released on Tuesday