The Week in Review:
Smyrna Vinings home mortgage interest rates marginally decreased this week as the upheaval in the Ukraine has become more of a market force than US economic indicators. Rates moved almost .125% lower.
What to Expect:
It is an interesting week for economic data. The biggest report of all – the monthly Employment Report – comes out Friday. There are multiple other reports on tap as well, including personal spending and manufacturing reports.
The developments oversea will continue to shape the markets. However, recent economic data has been favorable. If the global fear subsides this week, home loan rates might move higher. Our recommendation is to lock in transactions.
For transactions closing in:
Next 15 Days: Lock
Next 30+ Days: Lock
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