Mortgage World

This week brings us the release of five monthly or quarterly economic reports. None of them are considered to be nearly as important as several of last week's releases were. This leaves other factors such as stock markets movement to influence bond trading and mortgage rates several days this week.
November's Housing Starts report will be released Tuesday morning, but I don't see it causing much movement in mortgage rates. This report, which is expected to show a decline in starts of new homes, gives us an indication of housing sector strength and future mortgage credit demand. But, it can be considered the least important of this week's news.