News

It's day two of mortgage rates surging higher--now back to the highest levels in 2 weeks (the day before the September 5th ...
JPMorgan Chase, Citigroup, Wells Fargo and Bank of America, PNC Bank, N.A. and others announced a decrease in its prime ...
This morning's economic reports (jobless claims and Philly Fed) are not notoriously big market movers, but many analysts gave ...
Will September Deja Vu Continue? Rates rallied hard into last September 2024's Fed rate cut and then bounced relentlessly ...
Several things happen on Fed Day--especially on the 4 out of 8 examples with updated rate forecasts from Fed members.  The ...
Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average ...
Powell Press Conference Trumps The Dots, Sparking Moderate Sell-Off Of today's Fed events (rate announcement, dot plot, and ...
Big Shift Toward 5.0 Coupons Continues Mortgage rates have lurched rapidly lower in September as 5.0 UMBS have stolen the ...
After last week's CPI data was taken mostly in stride, the only other potential economic data hurdle was this morning's ...
The Fed rate announcement is at 2pm ET. A single 25bp rate cut is fully priced in to the bond market and that cut will not be ...
Mortgage rates have done almost nothing but move lower over the past 4 months. The first Fridays in August and September ...
It's a well-known fact that the monthly jobs report is more capable of causing big reactions in rates than any other economic ...