After moving higher at a fairly quick pace last by last Friday, mortgage rates are off to a better start this week. Rates remain noticeably higher versus the best recent levels, seen on June 1st and 2nd, but the average lender offered slightly lower rates this morning and then ended up offering a mid-day price improvement as well. [30YR FIXED – 3.19%]
• At 6:00 AM ET, NFIB Small Business Optimism Index for May.
• At 10:00 AM, Job Openings and Labor Turnover Survey for April from the BLS.
• At 2:30 PM, (11:30 AM PT) June 2020 Market & Economic Update. Free Registration Link for June 2020 Market & Economic Update.