Weekly Update - 9/18/26

Hello! I hope you had a great week. Here’s this week’s Market Weekly, with the latest updates on mortgage rates and the economy.

This week, consumer spending remained strong, with retail sales also increasing, showing that people are still spending money. Oil prices continued to move up and down due to tensions in the Middle East, while mortgage rates ended the week higher. Looking ahead, mortgage rates could remain volatile as investors watch comments from the Fed, new economic data, oil prices, and inflation.

This week, the economy showed some strength but also had a few surprises. Consumer spending remained strong, while retail sales increased, showing that people are still spending. Oil prices continued to move up and down as tensions in the Middle East continued. Bottom line: Mortgage rates could remain volatile as investors watch Fed comments, economic reports, oil prices, and inflation data for clues about where rates are headed.

Thanks for taking the time to read this update. If you have any questions or need help with a mortgage, just give me a call.

For a detailed list of programs we offer, please visit: www.homeloanmortgageco.com/mortgageprograms

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