The Mortgage Dictionary (http://www.themortgagedictionary.com) provides this week’s home finance economic calendar of events that can move the mortgage market, plus opening rate sheet for the week. If you are in the home loan process, this information will guide you about events to track when determining whether to lock or float an interest rate. This week, we need to consider the following news and reports; personal income, core PCE, pending home sales index, consumer confidence, adp employment report, initial jobless claims, Chicago PMI, factory orders, nonfarm payrolls, unemployment rate, construction spending and the ISM index. Also this week, there will be three auctions of Treasury debt, plus we must be mindful of the events unfolding in Libya and the ongoing European debt crisis as well as the Japanese recovery. For any questions or scenarios or to begin the pre-approval process today, contact San Francisco Bay Area home loan expert Rob Spinosa at 877-270-5959 or rspinosa@rpm-mtg.com. You may also apply for a loan directly online at http://www.rpm-mtg.com/rspinosa.
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