From Matthew Graham at Mortgage News Daily: Mortgage Rates Fairly Close to Two Month Lows
Mortgage rates moved lower today as investors reacted to economic data that showed contraction in the manufacturing sector. … After the data was released, the bond market swung from negative to positive territory. …
With that, the average mortgage lender was able to drop rates to levels just a hair higher than the lows from March 23-24. You’d have to go back to February 3rd to see anything lower. With today being April 3rd, that means we’re right on the doorstep of 2 month lows. [30 year fixed 6.44%]
emphasis added
Tuesday:
• At 8:00 AM ET, Corelogic House Price index for February.
• At 10:00 AM, Job Openings and Labor Turnover Survey for February from the BLS.