From Matthew Graham at Mortgage News Daily: Mortgage Rates Stay Flat, But Risks Will Increase From Here
Mortgage rates were only modestly higher today. Most lenders were still quoting the same rates compared to Friday with the only difference being slightly higher upfront costs. This means the rate at the top of the average mortgage quote is still within striking distance of the lowest levels since September 2017. [Most Prevalent Rates 30YR FIXED – 3.875% – 4.0%]
* At 8:30 AM ET: Housing Starts for May. The consensus is for 1.240 million SAAR, up from 1.235 million SAAR in April.