The economic news that was released this week was mixed in terms of the results versus expectations although there were no large surprises. As a result, mortgage interest rates were quiet this week with very little movement.
Next week the following event will occur and economic data will be released:
- Existing Home Sales will be released on Monday;
- The New Home Sales report will be released on Wednesday;
- The Durable Orders report will be released on Thursday; and
- First quarter GDP results will come out of Friday.