Very big week for real-estate numbers……my thoughts about this week
There will be some economic data for the markets to digest this week in addition there will also be two potentially Treasury auctions. The data starts late this morning with the release of March’s Existing Homes Sales numbers from the National Association of Realtors at 10:00 AM ET. This will give us an idea of the housing sector strength and mortgage credit demand. I believe this is important to the markets, and it can influence mortgage rates. Experts are expecting to see a small increase in sales between February and March. The larger the increase, the worse for mortgage rates.
Have an easy Monday