INTEREST RATE UPDATE FOR THE WEEK ENDED JANUARY 25, 2019

Due to the government shutdown there was no news or events that impacted mortgage interest rates this week.  As a result, mortgage rates were largely unchanged.  One economic related report that was issued this week was the Existing Home Sales report which shows that housing market activity slowed in December 2018.

Next week the following economic reports are scheduled to be released and economic events are scheduled to occur:

  1. The next Federal Reserve meeting will occur on Wednesday;
  2. The Core PCE Price Index will be released on Thursday; and
  3. The ISM Manufacturing Index and the Employment Report are scheduled to be released on Friday.
2019-02-15T10:39:13+00:00January 25th, 2019|Interest Rate Update|