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

April 9, 2012 by 1 Comment

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)

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Filed Under: Interest Rates
About Rhonda Porter

Rhonda Porter (NMLS 121324) is a veteran Washington Mortgage Advisor with over 25 years of experience navigating the Pacific Northwest real estate market. Specializing in residential home financing and mortgage strategy, Rhonda founded The Mortgage Porter to provide homeowners with transparent, data-driven clarity. Based in Seattle, she is a trusted resource for first-time buyers, self-employed borrowers and homeowners across Washington State, dedicated to turning complex financing into a confident path to homeownership.

Comments

  1. NicholasBrowns says
    June 24, 2012 at 6:17 am

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

    Thanks

    Reply

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