From Matthew Graham at Mortgage News Daily: Mortgage Rates Fully Erase Last Week’s Spike
Sharp improvements in the bond market led to another nice drop in mortgage rates. The average lender is now back to the lowest levels in nearly 2 weeks, but not yet back to the recent lows seen on May 15th. [30 year fixed 7.11%]
emphasis added
Tuesday:
• At 10:00 AM ET, Job Openings and Labor Turnover Survey for April from the BLS.