What May Impact Mortgage Rates this Week: February 29, 2016

February 29, 2016 by Rhonda Porter Leave a Comment

MortgagePorter-JobsReport Happy Leap Year Day! This week is packed full of economic indicators that may impact the direction of mortgage interest rates including the Jobs Report on Friday.

Monday, February 29: Pending Home Sales; Chicago PMI
Tuesday, March 1: ISM Index
Wednesday, March 2: ADP National Employment Report; Beige Book
Thursday, March 3: Initial Jobless Claims; Productivity; ISM Services Index
Friday, March 4: The Jobs Report

Investors are watching for signs of heading back into a recession…stay tuned! Mortgage rates are still very low. If I can help you with a refi or the purchase of a home located anywhere in Washington state, please contact me!

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Filed Under: Economy

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.