The most important day for rates is tomorrow due to the significance of the Retail Sales report and Chairman Powell speaking publicly. The calmest day may be Friday unless something unexpected happens. It is still corporate earnings season with some big-named retail companies reporting this week. Disappointing results, indicating consumers are spending less, should hurt stocks, boost bonds and lead to lower mortgage rates. There is no reason to believe that this will be a quiet week for rates. Therefore, please keep an eye on the markets if floating an interest rate and closing in the near future.