The Producer Price Index (PPI) is much more volatile and, on average, much less of a market mover than the Consumer Price ...

When the Iran war was in its initial escalation phase, the initial surge in markets took the top-tier 30yr fixed rate to 6.64% for the average lender by March 27th. Rates moved more than 0.30% lower ...

Last week was decidedly stronger for mortgage rates as they either held steady or moved lower on 5 out of 5 days. All told, ...

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Over Before it Began Monday proved to be a boring trading day despite the moderately big sell-off. Yields actually didn't ...

Bonds are starting the day moderately weaker. The reasons are straightforward. Chief among them, Trump rejected Iran's counterproposal to end the war, calling it "totally unacceptable." In response, ...

This morning's Consumer Price Index (CPI) came in slightly hotter than expected with core inflation running 2.8% annual vs ...

It ended up being a decent round trip for rates this week. Monday kicked things off with a jump to the highest level in more ...

Mortgage rates spiked sharply on Monday, hitting the highest levels in more than a month as escalation fears ramped up ...

Mortgage applications declined last week, reversing some of the prior period’s gains as rates climbed to their highest level ...

Another Mid-Day Reversal Driven by Dueling Headlines The overnight session featured a modest but clearly-defined rally in ...