It is the middle of summer, the middle of the month and the economic calendar in the US is light. These are all reason for traders to wait until there is a more compelling reason to tune in.
The only impact we may see is the ECB, though it is highly unlikely they will be making any formal announcements.
Bookmark this page for mortgage rates:
• 30 year (FRM) rates at 4.07% (+0.01%).
• 15 year (FRM) rates at 3.35% (+0.01%).
• FHA 30 year Fixed rates at 3.75% (+0.00%).
• Jumbo 30 year Fixed rates at 4.36% (+0.01%).
• 5/1 ARM rates at 3.21% (-0.01%).
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