by Calculated Danger on 7/28/2025 09:09:00 PM
From Matthew Graham at Mortgage Information Every day: Mortgage Charges Maintain Completely Flat to Begin New Week
If any given week of motion within the mortgage price world got here with disclaimer, this one could be: “Warning. An absence of volatility on Monday has no bearing on odds for volatility in the remainder of the week.” Extra merely put, you are primarily assured to see extra price motion over the subsequent 4 days just because at this time noticed none.
Of the entire days this week, Monday was the perfect candidate for a ho-hum degree of motion as a result of it was the one day with none main financial knowledge on faucet. Charges are based mostly on bonds, and econ knowledge is a key supply of inspiration for bonds. [30 year fixed 6.81%]
emphasis added
Tuesday:
• At 9:00 AM ET, S&P/Case-Shiller Home Worth Index for Might. The consensus is for a 2.5% year-over-year improve within the Comp 20 index for Might.
• At 9:00 AM, FHFA Home Worth Index for Might. This was initially a GSE solely repeat gross sales, nonetheless there may be additionally an expanded index.
• At 10:00 AM, Job Openings and Labor Turnover Survey for June from the BLS.
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