This morning, mortgage backed securities are recovering from Friday’s fiasco following the better than expected Jobs Report. On Wednesday, the minutes from the last Fed meeting will be released which may set mortgage rates off on another roller coaster ride.
Here are some of the economic indicators scheduled to be released this week:
Wednesday, July 10: FOMC Minutes
Thursday, July 11: Initial Jobless Claims
Friday, July 12: Producer Price Index and Consumer Sentiment Index (UoM)
On Saturday, July 13: I’ll be teaching at a Home Buyer Education Seminar in West Seattle at the High Point Library from 11:00 am – 4:00 pm. If you would like to learn more about the home buying process or need help with down payment assistance, I encourage you to attend our Washington State Housing Finance Commission sponsored class!