MORTGAGE MARKET UPDATE FOR THE WEEK ENDED MAY 11, 2018

Even though there was not any major economic news this week mortgage interest rates continued to move higher this week.  They ended the week higher than last week and are now at the highest level they have been in the last four years.

Next week the following economic data will be released and the following events will occur, any of which could impact mortgage interest rates:

  1. The Retail Sales report will be released on Tuesday; and
  2. The Industrial Production report and the Housing Start report will both come out on Wednesday.

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2018-05-18T12:57:41+00:00May 11th, 2018|Interest Rate Update|