Mortgage Rates Hold Perfectly Flat to Start New Week

A "No Reaction" Sort of Day Granted, there were no big ticket economic reports on tap for Monday, but there were several events that had at least some small chance to inspire some momentum. These included the 2 and 5 year Treasury auctions (both earlier in the week than normal due to month-end falling on a Thursday) and Treasury borrowing estimates for fiscal Q4 (Jul-Sep). The latter is part 1 of 2.  The 2nd part arrives on Wednesday afternoon with the full breakdown of new auction amounts. Today's release provided an updated total amount.  After filtering out the noise, and giving credit for undershooting borrowing needs last quarter, bor