From the looks of the economic calendar this week, there are a handful of reports out that could impact the direction of mortgage rates. (totalmortgage.com)
Stateside, the direction of the 10 - year yield is highly correlated to the direction of mortgage rates and other popular loans. (etfexpert.com)
And although the direction of mortgage rates can be affected by movement in the Fed's short - term rate, many other factors go into whether they move up or down and by how much. (realtormag.realtor.org)