by Calculated Risk on 7/21/2025 07:44:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Move Slightly Lower to Start New Week

Mortgage rates didn't move much on Monday, but they moved in the right direction with the average lender 0.03% lower for a top tier 30yr fixed scenario versus last Friday. That makes this the 4th straight business day with a modest gain and it gets us back in line with the lowest rates since July 3rd.​ [30 year fixed 6.78%]
emphasis added

Tuesday:
• At 8:30 AM ET, Speech Fed Chair Jerome Powell, Opening Remarks, At the Integrated Review of the Capital Framework for Large Banks Conference, Washington, D.C.

• At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for July.