Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy.
Recently, MISMO released its new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity,” ...
Bonds are weaker to start the new week and the catalyst is simple. The U.S. ramped up air strikes in Iran, both in terms of ...
This morning, we head to Los Angeles, the site of the fires in the Pacific Palisades area in January 2025. Governor Gavin ...
Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to ...
During a recent trip overseas, I spoke to a banker who stated, “Technology doesn’t stop at the border.” True. The days of ...
Mortgage rates have moved higher at a moderate pace over the past 2 days as tensions between The U.S. and Iran see a ...
It's been a while since oil prices were the focal point of the interest rate conversation, but that recently familiar dynamic ...
Rates are based on bonds and bonds have been taking cues from oil prices this week. Oil was flat overnight, bringing bonds along for the sideways ride. As such, the average mortgage lender began the ...
Iran-related headlines have jumped back to the realm of relevance this week and Wednesday morning's overnight session kicked ...
Volatility is always a risk surrounding 3 day holiday weekends when it comes to markets and mortgage rates, but this time ...
Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but ...