Mortgage Rate "movers" for the week ahead- 2/16/09

Mortgage and Lending MLS# 279272

Inflation data will highlight a full Economic Calendar next week.

Industrial Production, an important indicator of economic activity, and Housing Starts will be released on Wednesday.

The Producer Price Index (PPI) focuses on the increase in prices of "intermediate" goods used by companies to produce finished products and will come out on Thursday.

The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Friday. CPI looks at the price change for those finished goods which are sold to consumers.

In addition, investors will continue to wait for details from the Treasury on the Financial Stability Plan.

Mortgage markets will be closed on Monday in observance of Presidents Day.

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