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MORTGAGE MARKET UPDATE FOR THE WEEK ENDED OCTOBER 25, 2019

Real estate

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.