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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED JULY 20, 2018

Real estate

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:

  1. Existing Home Sales will be released on Monday;
  2. The New Home Sales report will be released on Wednesday;
  3. The Durable Orders report will be released on Thursday; and
  4. First quarter GDP results will come out of Friday.