Bond Market closed today for Presidents Day

Good Morning,

There should be very little change with interest rates today as the bond market is closed for Presidents Day. Interest rates should remain static from Friday's posting so in essence, we gain a couple of extra days if you lock today, getting the rates available from Friday's rate sheet.

This week holds several important data meetings that should the findings not meet expectations, may lower rates for the week. On Wednesday, we have New Housing Starts at 8:30 and Capacity Utilization at 9:15. On Thursday, we have the PPI @8:30 and Leading Economic Indicators at 10:00. In addition, we also have the Philadelphia Fed Survey at 10:00. On Friday, the Consumer Price Index comes off at 8:30.

Have a great week. For more information, please visit my website at http://www.daveshelor.com/. I can also be reached at 540-382-5270 extension 327.