MORTGAGE MARKET UPDATE FOR THE WEEK ENDED OCTOBER 25, 2019

This week there was very little economic data released or news that had an impact on mortgage interest rates.  As a result, 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:

1. The Third quarter GDP report will be released on Wednesday;
2. The Federal Reserve will meet on Wednesday where a .25% rate reduction in the discount rate is expected;
3. The Core PCE Index will be released on Thursday; and
4. The Employment Report will come out on Friday.