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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED MARCH 15, 2019

home mortgage concept and real estate house ownership success symbol as a pencil erasing the shape of a family residence as a metaphore for paying off residential debt and financing a household.

Weaker than expected inflation data was reported this week. and with little other economic news being released this week mortgage interest rates ended the week slightly lower than last week.

Next week will also be a light week for economic data.  Here is the week’s schedule:

  1. The Federal Reserve will meet on Wednesday; and
  2. The Existing Home Sales report will be released on Tuesday.