Although the economic data that was released this week was weaker than expected mortgage interest rates were unchanged from last week.
Next week the following economic data will be released and events will occur which could impact mortgage interest rates:
- The mortgage markets will be closed on Monday in observance of President’s day;
- The minutes from the January 30 Federal Reserve meeting will be released on Wednesday; and
- The Durable Orders report and the Existing Home sales report will be released on Thursday