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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED APRIL 27, 2018

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The economic news this week had little impact on mortgage interest rates. Without a clear direction rates rose early in the week but ended the week unchanged from last week.

Next week the following events will occur and economic data will be released that could impact mortgage interest rates:

  1. The Core PCE Price Index will be released on Monday;
  2. The ISM National Manufacturing Index will come out on Tuesday;
  3. The Federal Reserve will meet on Wednesday; and
  4. The ISM National Services Index will be released on Thursday.