Overall, any day of the week may end being the most active for mortgage rates. As we have seen the past several weeks, it doesn’t take a major economic report for the markets to go crazy. That said, they will likely be paying more attention to the economic data this week than they have since the crisis began. We do have some reports scheduled this week that traditionally are considered potential market movers with the most important ones coming the middle and latter days. We have seen a downward trend in rates recently, which should continue for the immediate future. Still, if floating an interest rate, it would be wise to keep an eye on the markets and that can change at any time.