HomeLoans Blog

Rates have moved higher this week with very slight good news and low trading volume.

I really think the momentum for the upward pressure on interest rates is simply that investors are looking for higher bond yields that have been in the market since mid August.

I recommend locking today, unless you think that the heavier news scheduled next week will be mostly negative for the economy.

Some of the reports for next week:

Retail Sales - Tuesday

Exports/Imports - Wednesday

Unemployment claims and Producer Price Index - Thursday

Consumer Price Indes - Friday

I look for alot of movement next week.