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Mortgage Rate "movers" for the week upcoming- 11/15/08

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Mortgage and Lending MLS# 279272

A lot of inflation data will highlight the Economic Calendar next week.

The important Consumer Price Index (CPI) inflation report will come out on Wednesday. CPI looks at the price change for those finished goods which are sold to consumers.

The Producer Price Index (PPI) will be released on Tuesday. PPI focuses on the increase in prices of "intermediate" goods used by companies to produce finished products.

In addition, Industrial Production, an important indicator of economic activity, will come out on Monday. Housing Starts and the detailed minutes from the October 29 Fed meeting will be released on Wednesday. The Philly Fed index and Leading Indicators will round out the schedule on Thursday. The G20 economic summit, a meeting between large industrialized nations, will take place over the weekend.