The 30-year fixed mortgage rate edged down another 0.01% on Monday, leaving rates at their lowest level since May 14 after several days of tiny declines.
Most of the recent drop came last Wednesday, while Monday's move followed an otherwise quiet session with no economic releases and few market-moving headlines.
That calm is set to end over the next three mornings, with major economic data due each day and Thursday's monthly jobs report posing the biggest risk for rate volatility.
Friday's Independence Day market closure will cut the week short, and lenders typically do not issue new rate sheets or accept new locks when the bond market is shut.