From Matthew Graham at Mortgage News Daily: Mortgage Rates Sharply Higher to Start The Month
March ended with a streak of some of the flattest day-over-day changes in mortgage rates on record. It was all but certain that the new week/month would bring a change to that sideways trend, but the reality [w]as immediate and abrupt. [30 year fixed 7.05%]
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.
• All Day Light vehicle sales for March. The consensus is for light vehicle sales to be 15.9 million SAAR in March, up from 15.8 million in February (Seasonally Adjusted Annual Rate).