Daily Market Update 9/11/15

Mortgage rates inched lower Friday in quiet trading.  This morning, the August Producer Price Index (PPI) was unchanged from July, above the consensus forecast for a 0.2% decrease.  Core PPI, which excludes volatile food and energy components, rose 0.3%, above expectations, and was 0.9% higher than one year ago.  Separately, Consumer Sentiment fell sharply to 85.7.  A reading of 91.0 had been expected.  No other key economic data will be released today.

Back to top