The event andd economic calendar is light this week. Import/ Export Price data and the 10 year Treasury auction are potential market movers. Friday hosts the only top tier economic data in the form of Retail Sales and April's Consomer Price Index.
The uptrend that has been in effect since mid-April will continue unless the bond markets come up with a fairly convincing reason to exit.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 4.09% (+0.00%).
• 15 year (FRM) rates at 3.34% (+0.00%).
• FHA 30 year Fixed rates at 3.85% (+0.00%).
• Jumbo 30 year Fixed rates at 4.36% (+0.00%).
• 5/1 ARM rates at 3.09% (+0.01%).
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