From Matthew Graham at Mortgage News Daily: Everything is a Sideshow Until May 15th
In a world where all hope for interest rate relief hinges on disinflation, CPI dominates all other calendar events. With nearly 10 days to go until the next release (May 15th) and very little on the econ calendar between now and then, it would be a surprise to see any new directional trends emerge. [30 year fixed 7.25%]
emphasis added
Tuesday:
• At 8:00 AM ET, CoreLogic Home Price Index for March