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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED JUNE 14, 2019

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Trade news related to Mexico and the economic data released during the week caused come volatility in mortgage interest rates, especially early in the week.  As a result, rates were slightly higher at the end of the week compared to the end of last week.

Next week the following economic data will be released and events will occur:

  1. 1.  The Housing Starts report will be released on Tuesday;
  2. 2.  On Wednesday the Federal Reserve will meet and provide guidance on future interest rate increases; and
  3. 3.  The Existing Home Sales report will be released on Friday.