Mortgage interest rates moved higher this week in a noticeable way. Strong GDP growth numbers and news of a potential easing of Tariffs were positive for equities and put upward pressure on interest rates.
Next week the following economic data will be released and events will occur:
- The Core PCE Price Index will be released on Tuesday;
- The ISM National Manufacturing Index will come out and the Federal Reserve will meet on Wednesday; and
- The ISM National Services Index and the Employment report will be released on Friday