Mortgage interest rates were volatile this week due to news regarding the ongoing trade negotiations between the U.S. and China, comment from Federal Reserve and mixed economic data that was released. Overall mortgage interest rates were largely unchanged at the end of the week compared to last week.
Next week the following event will occur and economic data will be released that may impact mortgage interest rates:
- The ISM National Manufacturing Index will be released on Monday;
- The ISM National Services Index will be released on Wednesday;
- The Employment report will be released on Friday; and
- The ongoing trade negotiations and the G20 meeting should be watched closely as well.