Mortgage Rate Update December 28, 2015

I hope you had a great holiday weekend!  Mortgage rates are slightly worse as compared to last Monday.

As you might imagine the economic calendar is fairly light this week.  The highlights include the Case Shiller Home Price index (Tuesday), Consumer Confidence (Tuesday), and Pending Home Sales (Wednesday).  The bond market will be open for a half day on Thursday and closed Friday.

I don’t expect mortgage rates to move significantly one way or the other.  Have a fantastic New Year holiday!

Current Outlook: floating