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.