Mortgage lenders rely on the bond market to generate mortgage rates. In addition to being fully closed on Monday for Memorial ...
Mortgage applications pulled back last week as rising rates weighed on homebuyer demand, while refinance activity remained largely flat. The Mortgage Bankers Association (MBA) reported a 2.3% decrease ...
Residential construction activity was mixed again in April, as building permits rebounded while housing starts pulled back ...
Builder confidence improved modestly in May, though sentiment remained subdued as elevated mortgage rates, affordability ...
Trading ends at 2pm today instead of 5pm, as is usually the case for a Friday before a Monday federal holiday. Econ data is ...
Peace Deal Rumors Make For Mid-Day Reversal Bonds started the day in fairly forgettable and slightly weaker fashion after ...
Wednesday brought some much-needed relief for the mortgage market after rates surged to new 9 month highs of 6.75% yesterday.
Lots of folks were leaving the MBA’s National Secondary yesterday, and many comments and questions were heard. “Did you hear ...
After posting a decent recovery from 9-month highs yesterday, it looked like mortgage rates were destined to bounce back ...
Full Reversal And Then Some Bonds more than made up from Tuesday's rout with a massive rally on Wednesday. Unlike Tuesday's ...
Here in New York, as over a thousand of us head to airports (hopefully avoiding manholes… tragic), the mood has been pragmatic. Not overly optimistic, not somber, just realistic. No one is arguing ...