Mortgage interest rates trended lower this week based on lower projections for economic growth globally. While the U.S. economy remains relatively strong many other areas, particularly Europe, are experiencing slow downs.
Next week the following economic reports will be released and events will occur which could have an impact on mortgage interest rates:
- The JOLTS report will be released on Tuesday;
- The Consumer Price Index will be released on Wednesday; and
- The Retail Sales report is scheduled to come out on Thursday; and