by Calculated Risk on 6/03/2024 09:11:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Fully Erase Last Week's Spike

Sharp improvements in the bond market led to another nice drop in mortgage rates. The average lender is now back to the lowest levels in nearly 2 weeks, but not yet back to the recent lows seen on May 15th. [30 year fixed 7.11%]
emphasis added

Tuesday:
• At 10:00 AM ET, Job Openings and Labor Turnover Survey for April from the BLS.