Weekly MGM Mortgage News Digest 04/09


By AFN Media

Mortgage rates ended last week nearly unchanged.

Key influences that affected mortgage rates last week:
- Lower than expected jobs created in March.
- Annual growth in average hourly earnings slightly higher than anticipated.
- Further conversation on possible additional tariffs on Chinese goods and recriprocal measures.

What to look for this week:
- Treasury auctions on Tuesday, Wednesday and Thursday.
- March Federal Reserve meeting minutes issued on Wednesday.
- Consumer Price Index (CPI) monthly inflation report on Wednesday.

Source: MBSQuoteline.com