Updated on July 7, 2020 10:07:11 AM EDT
There is nothing on today’s calendar that is likely to influence mortgage rates. The overall positive tone in the bond market continues to push mortgage rates lower in small increments. We don’t have much to be concerned with the rest of the week, with exception to the weekly unemployment update Thursday morning and an inflation index (PPI) Friday morning. Until we get to those events, don’t be surprised to see bonds and rates hold near current levels or possibly move slightly lower.