Mortgage rates were unchanged to slightly higher today … despite a substantial drop in Treasury yields, mortgage rates are stuck in the mud. [Most Prevalent Rates 30YR FIXED – 3.625% – 3.75%]
• At 6:00 AM ET, NFIB Small Business Optimism Index for July.
• At 8:30 AM, The Consumer Price Index for July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.
• At 11:00 AM, NY Fed: Q2 Quarterly Report on Household Debt and Credit