News

The bond market was likely taking a bit of a lead-off ahead of today's jobs report, inspired by a string of weaker economic ...
Mortgage rates have enjoyed a nice run since May 21st, with the MND Index (average top tier 30yr fixed scenarios) falling from a recent peak of 7.08% to this week's low of 6.87%. As recently as ...
The Mortgage Bankers Association’s (MBA) latest survey showed a pullback in mortgage applications, with rates dipping slightly after a three-week climb. The week’s numbers were also affected by the ...
Whether or not today's drop in rates is meaningful depends on one's perspective, but in the context of recent rate movement, ...
Bonds Dial Back Ahead of Big Jobs Report It was a fairly interesting day for bonds, relative to the calendar of scheduled ...
Mortgage rates began the day perfectly in line with yesterday's latest levels for the average lender. By the afternoon, the ...
Big Bond Rally After ADP and ISM We knew the onus was on weaker economic data to justify any decent drop in rates/yields and ...
JOLTS Data Didn't Help, But it Didn't Hurt Much Either Bonds were moderately stronger overnight and then weaker after the ...
Bonds began the morning in rally mode, even if not in an extreme way.  Gains lasted for about 20 minutes before reversing. ...
As the world is watching the chicks learn to fly on the eagle cam, in the human world there are more “For Sale” signs. You ...
Sometimes a Tuesday is just a Tuesday for mortgage rates.  In the present week, any day is capable of generating some ...
Strongest Close of the Week After Well-Contained Month-End Volatility There was always a reasonably high bar for today's econ ...