Market Commentary icon

MARKET COMMENTARY

A weekly look at where mortgage interest rates are headed.

Market Commentary

Over the past week treasuries were range-bound trading between 2.09% and 2.05%, largely due to consensus economic news and Fed speak.

The FOMC rate decision will be released on Wednesday, which will give better insight into the current economic situation.

Economic Calendar for the week of 07/29/2019 to 08/02/2019:

Tuesday: Consumer spending, Consumer confidence index, Pending home sales index
Wednesday: ADP employment, FOMC announcement, Jerome Powell press conference
Thursday: Weekly jobless claims, Market manufacturing PMI, ISM manufacturing index
Friday: Nonfarm payrolls, Unemployment rate, Consumer sentiment index

Name
Title
NMLS#
Address
home3 image music film file-empty file-text2 file-picture file-music file-play file-video file-zip folder-download folder-upload price-tag phone location location2 compass map map2 calendar display laptop mobile mobile2 tablet tv bubble key key2 lock unlocked pie-chart stats-dots stats-bars stats-bars2 trophy warning notification question info google-plus facebook twitter youtube vimeo linkedin2 file-pdf file-openoffice file-word file-excel libreoffice