Weekly Update - 11/13/26

Hello! Hope your week is going well. Here’s this week’s Market Weekly with the latest market updates.

It was a tough week for mortgage rates, with hotter-than-expected inflation putting more pressure on rates. October’s inflation numbers came in higher than forecast, and investors are now expecting the Fed to raise rates at its December meeting. Home sales also dropped to their lowest level since 2010, although inventory continues to improve. For now, inflation and the Fed are still the big things to watch, so mortgage rates could continue to bounce around.

Looking ahead, as continues to be the case, the Middle East conflict and oil prices will remain a big focus. We’ll also get Retail Sales and Import Prices on Tuesday, followed by Housing Starts and the minutes from the Fed’s October meeting on Wednesday. Retail Sales will be worth watching since consumer spending makes up more than two-thirds of the U.S. economy.

Thanks for reading! If you have any questions, just let me know. I’m always happy to help!

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