From Matthew Graham at Mortgage News Daily: Mortgage Rates Erase Last Week's Losses



Mortgage rates fell somewhat significantly today, fully offsetting last week's rise. Specifically, today's average rates are back in line with those seen on Friday ... 4.125% is back in play, now sharing relatively equal territory with 4.25% as the two most prevalently-quoted conventional 30yr fixed rates on top tier scenarios.

emphasis added

Tuesday:• At 10:00 AM ET,for December from the National Association of Realtors (NAR). The consensus is for 5.54 million SAAR, down from 5.61 million in November. Housing economist Tom Lawler expects the NAR to report sales of 5.55 million SAAR in December.• Also at 10:00 AM,for January.• Also at 10:00 AM,(Monthly) for December 2016