This week there was a significant amount of economic data and news released. Mortgage interest rates were very volatile during the week although the news was and data was mostly mixed with some being positive and some being negative. As a result, by the end of the week interest rates were largely unchanged from last week.
Next week the following events will occur and economic data will be released that could impact mortgage interest rates:
- The JOLTS report which measures job openings and labor turnover will be released on Tuesday;
- The Consumer Price Index report that measures inflation will come out on Wednesday;
- There will be Treasury auctions on Wednesday and Thursday; and
- There will be continued focus on the ongoing trade negotiations between the US and China as the deadline approaches.