Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the mortgage purchase applications index.
• At 10:00 AM, New Home Sales for January from the Census Bureau. The consensus is that new home sales decreased to 678 thousand SAAR, down from 698 thousand in December.