From Matthew Graham at Mortgage News Daily: Mortgage Rates Unimpacted by New Executive OrdersBonds were thus able to hold onto the gains from last week with some additional improvement today. The average mortgage lender wasn't eager to adjust rates, however, with the top tier 30yr fixed rate remaining unchanged from last Friday. [30 year fixed 7.08%]Wednesday:
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• At 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the mortgage purchase applications index.
During the day: The AIA's Architecture Billings Index for December (a leading indicator for commercial real estate).