 According to Mortgage News Daily, the expectation is that rates will drop further. 31% of builders said they cut home prices in July. That is higher than the 29% that did in June. They're still trying everything to get buyers in the door. CNBC's Diana Olick. On today's watch list, we get earnings from Johnson & Johnson and United Airlines. It's the second and final day of the Amazon Prime Day sale. And the Mirage closes in Las Vegas after 30 years.