What May Move Mortgage Rates the week of April 9, 2012

mortgageporter-economyThis morning, mortgage rates are trending lower from Friday’s Jobs Report coming in with weaker than expected data. As I write this post (10:15 am) the DOW is down about 115.

Watch for possible signs of inflation this week, which may reverse the downward trend in rates, with the scheduled economic indicators referenced below:

Wednesday, April 11: Fed’s Beige Book

Thursday, April 12: Producer Price Index (PPI) and Initial Jobless Claims

Friday, April 13: Consumer Price Index (CPI) and Consumer Sentiment (UoM)

If you would like your personal rate quote for your Washington State home, click here.


  1. I always follow your live rate quotes and try to be updated about the rate. Hope rates will increase and we can avoid inflation.


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