by calculated risk 4/01/2024 07:31:00 PM
March ended with the most flat streak of daily changes in mortgage rates on record. It was almost certain that the new week/month would bring about a change in that sideways trend, but the reality was (w)immediate and sudden. (Fixed for 30 years 7.05%)
Emphasis added
Tuesday:
• 8:00 a.m. ET; CoreLogic Home Price Index For February.
• At 10 a.m. Recruitment/turnover rate survey From February's BLS.
• all day long light car sales For March. Consensus forecasts light vehicle sales in March to be SAAR 15.9 million, up from February's 15.8 million (seasonally adjusted annual rate).