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Market Commentary

Updated on August 29, 2016 10:45:25 AM EDT

Julys Personal Income and Outlays report was posted early this morning, revealing a 0.4% rise in income and a 0.3% increase in spending. Both readings indicate moderate economic growth but also matched forecasts. Because there was no surprise in the data, it has had little effect on this morning’s mortgage rates.
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Member FDIC. Copyright 2016 SpiritBank. All right reserved.
FDIC Insured
Careers   |   Contact Us   |   Privacy Policy   |   Site Map

That's the spirit!