The major economic news released this week was mixed and although there was some volatility, mortgage interest rates ended the week largely unchanged from the prior week.
Next week the following events will occur and economic data will be released which may impact mortgage interest rates:
- Existing Home Sales and the Minutes from the January 31 Fed meeting will be released on Wednesday;
- There will be Treasury auctions on Tuesday, Wednesday and Thursday; and
- The mortgage markets will be closed on Monday in observance of Presidents Day.