by Calculated Risk June 3, 2024 9:11 PM
From Matthew Graham of Mortgage News Daily: Mortgage rates completely erase last week’s surge
The sharp improvement in the bond market has caused mortgage rates to drop significantly again. The average lender is now back to its lowest level in about two weeks, but has yet to return to the recent lows recorded on May 15th.30-year fixed rate 7.11%)
Add emphasis
Tuesday:
• 10 a.m. ET; Job/resignation survey April report from the BLS.