This week’s calendar appears to be on the light side. Mortgage rates will be taking ques from the from stocks. All eyes will be on Congress with their vote on whether or not to be taking action against Syria.
The Treasury will start selling $65 billion in notes and bonds on Tuesday, which may also impact rates.
Here are the economic indicators scheduled to be released this week:
- Thursday, September 12, 2013: Initial Jobless Claims
- Friday, September 13, 2013: Producer Price Index (PPI); Retail Sales; Consumer Sentiment (UoM)
By the way, this Friday, I will be a panelist at the Pacific Northwest Housing Summit and Mortgage Expo at the Meydenbauer Conference Center in Bellevue.