Weekly MGM Mortgage News Digest 12/25


By AFN Media

Merry Christmas!

Mortgage rates ended the week higher.

Key influences that affected mortgage rates this week:
- Stronger than expected economic data.
- Passage of the tax bill.
- Strong end November housing data.
- Highest home builder confidence since 1999.

What to look for next week:
- Pending Home Sales and Consumer Confidence reports on Wednesday.

Source: MBSQuoteline.com