Mortgage application activity rebounded last week as a moderate decline in mortgage rates provided some relief for both ...
First, the bad news: mortgage rates ended the day just a hair higher compared to Thursday, but the change was so small that ...
If nothing else, this morning offers confirmation of just how nervous the market is about inflation. The producer price index barely beat its forecast (in fact y/y CORE PPI was on the screws), but ...
It would have been hard for CPI to be any more boring. All key metrics came in perfectly in line with forecasts. Supercore (core minus housing), was 0.189, which is a monthly equivalent of "close ...
Borrower trust is up. Keeping it is another story. J.D. Power’s 2026 U.S. Mortgage Servicer Satisfaction Study found that 86 percent of borrowers are likely to use their current servicer again. That’s ...
Mortgage lenders set rates around 10am ET every day, but the bond market dictates the day to day changes, and bonds were on the move throughout the overnight trading hours. Granted, the movement ...
As many of us prepare to head to So Cal for the California MBA’s Western Secondary (800 or so registered), artificial ...
Mortgage rates dropped noticeably on Thursday on a combination of lower oil prices and a lower inflation reading via the Producer Price Index (PPI). Rates are driven by bonds and bonds are highly ...
We absolutely hate the term "front-running" because it can be perceived as connoting some measure of clairvoyance on the part of the bond market. To be clear, that's not the contention here. Rather, ...
Recent experience suggests the safest assumption about oil prices and bond yields is that they will pop and drop with reasonable regularity. In other words, lower prices/yields for a few days ...
Mortgage application activity declined for a second consecutive week as higher borrowing costs continued to weigh on both ...