Tuesday: CPI, Q2 Quarterly Report on Household Debt and Credit

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From Matthew Graham at Mortgage News Daily: Mortgage Rates Miraculously Flat Despite Massively Lower Treasury Yields

Mortgage rates were unchanged to slightly higher today … despite a substantial drop in Treasury yields, mortgage rates are stuck in the mud. [Most Prevalent Rates 30YR FIXED – 3.625% – 3.75%]
emphasis added

Tuesday:
• At 6:00 AM ET, NFIB Small Business Optimism Index for July.

• At 8:30 AM, The Consumer Price Index for July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

• At 11:00 AM, NY Fed: Q2 Quarterly Report on Household Debt and Credit

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