I hope you have a nice Presidents Day Weekend. Our office was closed yesterday in observance of this holiday and I spent most of the weekend trying to get over a nasty cold. Let’s review what may impact mortgage rates for the remainder of this week. Here are some of the economic indicators scheduled to be released this short work week:
Monday, February 17: Presidents Day.
Tuesday, February 18: Empire State Index and Housing Market Index
Wednesday, February 19: Producer Price Index (PPI); Housing Starts; Housing Permits and FOMC Minutes
Thursday, February 20: Consumer Price Index; Initial Jobless Claims and Philadelphia Fed Index
Friday, February 21: Existing Home Sales
Mortgage backed securities are currently improved as I write this post. If you would like me to provide you with a detailed mortgage rate quote based on your personal financial scenario on a home located anywhere in Washington state, where I am licensed, please click here.