What May Impact Mortgage Rates this Week: July 1, 2013

This is a short week packed full of economic data that may impact already turbulent mortgage rates. It may look like a light week – watch for Friday’s Jobs Report.  The bond and stock markets will close early Wednesday and reopen on Friday following the 4th of July holiday.

Monday, July 1:  ISM Index

Wednesday, July 3: Initial Jobless Class and ISM Services Index

Thursday, July 4th: HAPPY INDEPENDENCE DAY

Friday, July 5: The Jobs Report

 

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About Rhonda Porter

Rhonda Porter (NMLS 121324) is a licensed Washington Mortgage Advisor with 25+ years of experience helping buyers and homeowners understand their mortgage options. She writes Mortgage Porter to bring clarity and confidence to the home-financing process.

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