Volatility is always a threat surrounding 3 day holiday weekends when it pertains to markets and home mortgage rates, but this time around, things have actually been really calm. The typical top-tier 30yr fixed rate stayed nearly perfectly flat versus last Thursday with the MND index technically falling by 0.01%.
Today’s calendar of scheduled occasions is less substantial than recently’s. After today, there is basically no big-ticket economic data.
In the larger image, 30yr fixed rates are near the center of their variety over the past 6-7 weeks. Collectively, that range represents the highest levels in roughly 10 months with 30yr fixed rates balancing simply over 6.6%.