RATE OUTLOOK:
We are now near the lower end of the range of rates that we've been in since mid September, and until inflation numbers show it's moving higher or lower, I am expecting rates to stay in the 6.0 - 6.5% range. Next week there are 2 key inflation reports due - the Consumer Price Index and the Price Consumption Expenditure Index. If there are surprises higher or lower with these reports, there will be market movement.