From Matthew Graham at Mortgage News Daily: Rates Catch a Break to Remain Near Long-Term Lows



Mortgage rates were generally flat today, depending on the lender. Some were noticeably better while others were a hair worse. In both cases, rates are very close to the lowest levels since late 2016. Changes from Friday would most likely be measured in terms of upfront costs as opposed to differences in the quoted "note rate" itself (the rate most people are talking about when they talk about mortgage rates). [Most Prevalent Rates 30YR FIXED - 3.625% OR 3.875%]

emphasis added

Tuesday:• At 9:00 AM:for April. The consensus is for a 2.5% year-over-year increase in the Comp 20 index for April.• At 9:00 AM:for April 2019. This was originally a GSE only repeat sales, however there is also an expanded index.• At 10:00 AM:for May from the Census Bureau. The consensus is for 680 thousand SAAR, up from 673 thousand in April.• At 10:00 AM:for June.• At 1:00 PM:, At C. Peter McColough Series on International Economics: A Conversation with Jerome H. Powell, New York, N.Y.