What may impact mortgage rates the week of September 10, 2012

Although at first glance, this week may seem like there’s not a lot scheduled that may impact mortgage rates, what is scheduled is significant. We have the FOMC meeting winding up on Thursday following last Friday’s weaker than expected Jobs Report. Friday is packed with reports that may reveal signs of inflation, which tends to drive mortgage rates higher. 

Here are some of the economic indicators scheduled for this week:

Thursday, Sept. 13:  FOMC Meeting; Producer Price Index (PPI); Initial Jobless Claims

Friday, Sept. 14: Retail Sales; Consumer Price Index (CPI); Consumer Sentiment Index (UoM)

For your personal mortgage rate quote for your home located anywhere in Washington state, please contact me.  

You can also follow me on Twitter or Facebook where I provide live rate quotes and mortgage tid-bits throughout the day.

Extension Fees 001
Extension Fees 001

Please leave a reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.