Trade tensions with China continued this week and overshadowed other economic news this week. Mortgage interest rates fell to their lowest level in three years early in the week but rose later in the week. Overall mortgage interest rates ended the week slightly lower than last week.
Next week the following economic data will be released and events will occur:
- The Consumer Price Index will come out on Wednesday;
- The Retail Sales report will be released on Thursday; and
- The Housing Starts report will come out on Friday.