From Matthew Graham at Mortgage News Daily: Mortgage Rates Quietly Holding Near Lows
Most lenders continue to quote conventional 30yr fixed rates in the 3.75% to 3.875% range. Any changes from yesterday would be seen in the form of microscopic adjustments to the upfront cost/credit (as opposed to the “note rate” itself). Apart from October 2nd, today’s rates sheets are right in line with the recent run of 5-month lows.
emphasis added
Tuesday:
• At 8:30 AM ET, Housing Starts for September. Total housing starts decreased to 1.126 million (SAAR) in August. Single family starts decreased to 739 thousand SAAR in August. The consensus for 1.147 million, up from August.
• At 10:00 AM, Regional and State Employment and Unemployment for September.