There was a lot of news this week, both economic and non-economic that led to a lot of volatility in mortgage interest rates during the week. The net effect on mortgage interest rates was neutral however and they ended the week largely unchanged from last week.
Next week the following events will occur and economic data will be released which could impact mortgage interest rates:
- The Core PCE Price Index will be released on Monday;
- There will be Federal Reserve meeting on Wednesday;
- The ISM National Manufacturing Index will be released on Thursday; and
- The Employment Report will be released on Friday.