This week we’ ll be watching for the minutes from the last FOMC meeting and the Jobs Report as they may impact the direction of mortgage interest rates. It’s anticipated that employers added 197k jobs in December. Here are the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: January 6, 2014
January 6, 2014 by 1 Comment
What May Impact Mortgage Rates this Week: December 30, 2013
December 30, 2013 by Leave a Comment
Welcome to the last mortgage rate update for 2013! This is another short holiday week. December’s Job’s Report will not be released until next Friday, January 10, 2014.
Here are the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: December 23, 2014
December 23, 2013 by Leave a Comment
Happy Holidays! With this being a short week due to Christmas, we may see a bit more volatility with mortgage rates with many traders taking time off for the holidays. Markets will be closing early on Tuesday for Christmas Eve and will be closed all day Wednesday. Here are some of the economic indicators scheduled to be released this week:
What May Impact Mortgage Rates this Week: December 16, 2014
December 16, 2013 by Leave a Comment
This week, it’s safe to say that all eyes and ears will be on the Fed as they wrap up their meeting this Wednesday. If they indicate they will pull back on their support of keeping mortgage rates low, then expect to see rates trend higher. We’ll know more on Wednesday! With many traders on vacation during the holiday season, we can also anticipate that the markets may be more volatile than they would typically be.
What May Impact Mortgage Rates this Week: December 9, 2013
December 9, 2013 by Leave a Comment
This week’s calendar of economic indicators is very light compared to last week. Here’s what is scheduled to be released this week:
What May Impact Mortgage Rates this Week: December 2, 2013
December 2, 2013 by Leave a Comment
This week is packed with economic data that may impact mortgage the direction of mortgage interest rates including the Jobs Report on Friday. Here are some of the economic indicators scheduled to be released:
What May Impact Mortgage Rates this Week: November 25, 2013
November 25, 2013 by Leave a Comment
We have a very short week. The holidays are pretty much here! Our office will be closed to observe the Thanksgiving holiday on Thursday and Friday. Mortgage Master Service Corporation will reopen for business as usual on Monday, December 2, 2013.
What may impact mortgage rates this week: November 18, 2013
November 18, 2013 by Leave a Comment
Last week mortgage interest rates improved thanks to Janet Yellen indicating at her confirmation hearing that as our next Fed head, she will continue on with QE and support the Fed’s actions of buying mortgage backed securities to keep mortgage interest rates artificially low. This was sweet news to the markets and we’re still seeing lower mortgage rates this morning.
Recent Comments