From Matthew Graham at Mortgage News Daily: Mortgage Rates Holding Near Long-Term Lows to Start New Week
The average lender’s top tier 30yr fixed rate fell to the lowest level since April 2023 last week. That’s down more than 1.25% over the past 5 months. … Today brought a significantly smaller improvement, but an improvement on a long-term low technically makes another long-term low.[30 year fixed 6.55%]
emphasis added
Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for August.
• At 8:00 AM, Corelogic House Price index for July