• Tuesday: Retail Sales, NY Fed Mfg, Homebuilder Survey

    5 monthes ago - By Calculated Risk

    From Matthew Graham at Mortgage News Daily: Mortgage Rates Sideways But Market Says They Shouldn't Be
    Mortgage rates were sideways to slightly higher today, and that's actually a strong showing considering what transpired in underlying bond markets. In fact, I'd wager tomorrow morning's rate sheets will be noticeably weaker if bonds are anywhere near their current levels.
    emphasis added Tuesday:
    • At 8:30 AM ET, Retail sales for April will be released. The consensus is for a 0.3% increase in retail sales.
    • At 8:30 AM, The New York Fed Empire State manufacturing survey for May. The...
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