Here are some economic events happening this week that have a huge impact on what your house payment will end up being.

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and raise loan rates. 
 

Economic Calendar for the Week of Dec 10 – Dec 14

 Date Time (ET) Release For Consensus Prior Impact
M
Dec 10		 10:00 Pending Home Sales Oct
0.2%
 HIGH
Tu
Dec 11		 10:00 Wholesale Inventories Oct 0.5% 0.8% Low
Tu
Dec 11		 14:15 FOMC Policy Statement


HIGH
W 
Dec 12		 08:30 Trade Balance Oct –57.0B –56.5B Moderate
Th
Dec 13		 08:30 Retail Sales Nov 0.5% 0.2% HIGH
Th
Dec 13		 08:30 Retail Sales ex-auto Nov 0.6% 0.2% HIGH
Th
Dec 13		 08:30 Producer Price Index (PPI) Nov 1.5% 0.1% Moderate
Th
Dec 13		 08:30 Core PPI Nov 0.2% 0.0% Moderate
Th
Dec 13		 08:30 Initial Jobless Claims 12/08 NA 338K Moderate
Th
Dec 13		 10:00 Business Inventories Oct 0.3% 0.4% Moderate
F 
Dec 14		 08:30 Consumer Price Index (CPI) Nov 0.6% 0.3% HIGH
F 
Dec 14		 08:30 Core CPI Nov 0.2% 0.2% HIGH
F 
Dec 14		 09:15 Industrial Production Nov 0.1% –0.5% Moderate
F 
Dec 14		 09:15 Capacity Utilization Nov 81.7% 81.7% Moderate

For the latest interest rates and what the Knoxville housing market is doing give me a call or email.

Office Direct # 865-539-3162

email: [email protected]

website: www.KnoxvilleMLS.com