What May Impact Mortgage Rates this Week: November 25, 2013

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mortgageporter-economyWe have a very short week. The holidays are pretty much here! Our office will be closed to observe the Thanksgiving holiday on Thursday and Friday. Mortgage Master Service Corporation will reopen for business as usual on Monday, December 2, 2013.

Here are some of the economic indicators that may influence mortgage rates this week:

  • Monday, November 25, 2013: Pending Home Sales
  • Tuesday, November 26, 2013: Building Permits; Housing Starts; S&P Case-Shiller Home Price Index; Consumer Confidence
  • Wednesday, November 27, 2013: Chicago PMI; Initial Jobless Claims; Durable Goods Orders; Consumer Sentiment (UoM)
  • Thursday, November 28 and Friday, November 29: HAPPY THANKSGIVING!

For more nitty gritty about what may be impacting mortgage rates this week, please check out this week’s issue of MMG Weekly which includes a revealing chart of how mortgage rates where impacted when the Fed minutes were released last week.

I am so thankful for my readers and my clients. I have a great career as a mortgage professional, being able to help people buy a home, reduce their monthly cash flow or finance home improvements or tuition. On top of that, I can write about the mortgage industry to try to help consumers stay current with our ever changing guidelines and programs. Thank you for reading Mortgage Porter!

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