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

Market Commentary

The key economic data releases this week are the CPI report on Wednesday and the retail sales report on Friday. We do not expect any policy-related speeches by Fed officials, reflecting the blackout period ahead of the June FOMC meeting. Focus will likely continue to be on equities as investors look to see any indication that they can continue to stabilize.

Economic Calendar for the week of 06/10/2019 to 06/14/2019:

Monday: JOLTS Job Openings
Tuesday: PPI Final Demand
Wednesday: MBA Mortgage Applications, CPI and Monthly Budget Statement
Thursday: Initial Jobless Claims, Continuing Claims and Bloomberg Consumer Comfort Index
Friday: Retail Sale, Industrial Production, and University of Michigan Sentiment

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