The economic data that was released this week was stronger than expected causing mortgage interest to continue to move higher. All of the data was strong and rates ended the week higher than last week.
Next week the following economic reports will be released and events will occur which may impact mortgage interest rates:
- The Consumer Price Index report and the JOLTS report will come out on Thursday.
- There will be Treasury auctions on Wednesday and Thursday; and
- Mortgage markets will be closed on Monday in observance of Columbus day.