Mortgage rates fell modestly today, making it the 7th straight business day where they've moved in the opposite direction from the previous day. [30YR FIXED 4.375 - 4.5%]Wednesday:
emphasis added
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• During the day, The AIA's Architecture Billings Index for January (a leading indicator for commercial real estate).
• At 2:00 PM, FOMC Minutes, Meeting of January 29-30, 2019
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