This week was a quiet week for mortgage interest rates with no surprises in any of the economic data that was released. The economic data that we released was mixed on the state of the economy and mortgage interest rates ended the week slightly lower than last week.
Next week the following economic data will be released and economic events will occur which may impact mortgage interest rates:
- Second quarter GDP and Pending Home Sales will be released on Wednesday;
- The Core PCE Index will be released on Thursday; and
- There will be Treasury Auctions on Tuesday and Wednesday.