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The Week ahead in Mortgage Rates

By
Mortgage and Lending with AmeriFirst Financial, Inc

Week Ahead

The biggest economic event this week will be the important Employment report on Friday. As usual, this data on the number of jobs, the Unemployment Rate, and wage inflation will be the most highly anticipated economic data of the month. Early estimates are for a gain of 170K jobs in March. Before the employment data, Pending Home Sales, Personal Income and the Core PCE price index will come out today. Chicago PMI will come out on Thursday, and the ISM Manufacturing index will be released on Friday. Consumer Confidence, Factory Orders and Construction Spending will round out the schedule. There will be Treasury auctions on Monday, Tuesday, and Wednesday. The FDIC is expected to release its proposed definition of a Qualified Residential Mortgage (QRM) next week as well. This announcement will begin to clarify which loans will be subject to risk retention.

This is your update for the week ahead in mortgage rates. 

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Morris Massre
Pembroke Pines, FL
Real Estate Instructor Broward County Florida

Thanks for the info Renee, I'm going to follow you too.

Mar 28, 2011 06:04 AM
Morris Massre
Pembroke Pines, FL
Real Estate Instructor Broward County Florida

Incidentally, you need to fix your widgets for links because they all send you to the same place instead of the individual sites. 

Mar 28, 2011 06:05 AM
Renee Kalenda
AmeriFirst Financial, Inc - Phoenix, AZ

Thank you so much for letting me know.  I just had my IT guy fix them so it should be correct now.  I'm still learning all of this stuff :)

 

Have a great day and thank you Morris!

Mar 29, 2011 05:58 AM