From Matthew Graham at Mortgage News Daily: Mortgage Rates Not Much Higher Than Friday
Mortgage rates were at the best levels in 2 weeks as of last Friday and today’s offerings are only modestly higher.
…
The two reports above all others are CPI (the Consumer Price Index) and the big jobs report. CPI caused a stir just before the sideways vibes set in and this Friday’s jobs report is just as capable. [30 year fixed 7.09%]
emphasis added
Tuesday:
• At 10:00 AM: the ISM Services Index for February.