What’s Ahead For Mortgage Rates This Week – April 14th, 2019
Last week's economic readings included reports on inflation, mortgage rates, and first-time jobless claims. Monthly reporting on consumer sentiment was delayed. Consumer Price Index: Inflation Rises in March The Consumer Price Index rose 0.40 percent in March, which matched expectations and surpassed February's month-to -month reading of 0.20 percent growth. The March reading showed the highest consumer price growth in 14 months; higher rents, fuel and food prices contributed to month-to-month price gains in March. The Core CPI excludes volatile food and energy sectors and was unchanged in March although 0.20 percent growth was expected. February's reading showed 0.10 percent…