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A weekly look at where mortgage interest rates are headed. A weekly Economic Calendar is also included.

Jan 17, 2017

Mortgage rates remained relatively stable last week, with markets focused on the Presidential transition and Cabinet confirmation hearings for any clues on policy changes.

The week ahead with have plenty of economic data for markets to digest, with CPI, Industrial Production/Capacity Utilization, and Housing Starts the mostly likely to move markets. However, the Presidential transition will remain in focus ahead of Friday’s inauguration, as investors continue to predict policy changes that could happen in the first 100 days. Developments in Europe should also not be overlooked, as the UK moves forward with Brexit and the results of the European Parliamentary elections are released.

Economic Calendar for the week of 01/16/2017 to 01/20/2017:

Monday: Markets Closed, MLK Day

Tuesday: Empire Manufacturing

Wednesday: MBA Mortgage Applications, CPI, Industrial Production/Capacity Utilization

Thursday: Initial Jobless Claims, Continuing Claims, Housing Starts/Building Permits

Friday: Presidential Inauguration

Past Commentaries

Jan 17, 2017

Mortgage rates remained relatively stable last week, with markets focused...
Full Story

Jan 09, 2017

Last week the markets started off relatively quiet. Thursday mortgages experienced a bit of a mid-day rally...
Full Story

Jan 03, 2017

Mortgage rates improved in the last week of 2016 as equity markets pulled back from recent highs...
Full Story

Dec 27, 2016

Last week was relatively quiet, as expected; however, on Friday, there was small market movement...
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Dec 19, 2016

Mortgage rates increased significantly last week after the FOMC rate decision...
Full Story

Dec 12, 2016

Mortgages experienced a rough week as speculation of an expanding economy...
Full Story

Dec 05, 2016

Mortgage rates continued to be volatile last week, ultimately finishing the week higher...
Full Story
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