What’s Ahead For Mortgage Rates This Week – September 19, 2016
Last week's economic news included reports on retail sales, inflation, and weekly reports on mortgage rates and new jobless claims. Retail Sales Slip as Consumer Prices Inch Up Retail sales dipped into negative territory in August with a reading of -0.30 percent as compared to expectations of -0.10 percent and July's reading of +0.10 percent. Retail sales excluding auto sales were better at +0.30 percent. Analysts expected a reading of +0.20 percent based on July's reading of -0.40 percent. August's negative reading for retail sales was the first negative report since March. Inflation fared better than retail sales with August's…