- Monday, July 2: ISM Index.
- Wednesday, July 4: Happy Independence Day!
- Thursday, July 5: ADP National Employment Report, Initial Jobless Claims and ISM Services Index
- Friday, July 6: THE JOBS REPORT
Mortgage rates are based on mortgage backed securities (bonds) and when the stock market is doing well, mortgage rates (or the pricing for a rate) tend to raise as investors will trade the safety of bonds for the potential greater return of stocks. The reverse is also true.
If you would like me to provide you with a mortgage rate quote for a home (owner occupied, vacation or investment) located anywhere in Washington state, please click here.