Consumer Price Index (CPI)
Overall, there are several days that could end up being the most active for mortgage rates. Extremely important inflation data makes Wednesday and Friday good candidates, but today’s move in pricing could also make the list. No day appears as an easy pick for calmest either. With so much scheduled this week and geopolitical events in full force, it is highly likely that we will see plenty of movement in the markets and mortgage rates. Unfortunately, the possibility of rates moving higher is much stronger than them moving lower. Accordingly, please proceed extremely cautiously if still floating an interest rate and closing in the near future.