The Mortgage Update

Lots of economic news on the schedule this week, which means we might see more market volatility. Treasuries fell this morning before economists forecast U.S. Retail Sales Increased while inflation held in check. The headlining event this week, is Ben Bernanke when he will deliver his semi-annual monetary policy report to Congress on July 17-18 in Washington. But, those are worries for another day. Today we will watch and see if economic growth meets policy marker’s goals and contemplate our favorite word—tapering.