4-25-16 Monday's TMM - Here's what could impact rates this week.

We have a very full economic calendar this week. We start the day off today with new home sales and then on Wednesday we have pending home sales. Both of these numbers will give us insight into the strength of the housing market. We also have a number of treasury auctions this week that will give us an indication is if money is flowing in or out of the bond market. How money is flowing either into or out of the bond market can have an impact on the direction of interest rates. For the rest of the economic data, be sure to come back to this website each and every day.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month.  David welcomes your feedback in the comment section below.