Rates were little changed Monday, as no major economic data will be released this week. Treasury auctions of 3- and 10-year notes and 30-year bonds taking place Monday, Tuesday, and Thursday, respectively, will likely have the greatest impact on mortgage-backed securities. Average 30-year fixed rates have again slipped below 5%. Last Friday the $8,000 first-time homebuyer tax credit was extended to include homes under contract by 4/30/10 and closed by 6/30/10. The program was expanded to include a maximum $6,500 credit to non-first-time buyers who have been in their current homes for at least 5 years. Financial markets will be closed Wednesday in observance of Veteran’s Day.