Weekly MGM Mortgage News Digest 12/31


By AFN Media

Mortgage rates ended the week a little lower.

Key influences that affected mortgage rates this week:

- Strong November housing data.
- Rate of inflation below Federal Reserve expectations.

What to look for next week:

- Mortgage markets closed on New Year's Day.
- Monthly employment report on Tuesday.
- Manufacturing data on Tuesday.
- Federal Reserve December meeting minutes release on Wednesday.

Source: MBSQuoteline.com