Mortgage rates rose 0.04% today to an index value of 7.57% for a top-tier 30yr fixed scenario for the average lender today. That uptick in and of itself isn't especially large, but it's a bit ...
MBS are up more than 3/8ths and the 10yr is down almost 6bps at the lowest levels in a week after the job count came in at ...
Lender and Brokers Products, Services, and Software Regulatory oversight for automated valuation models (AVMs) has shifted in ...
It's a rarity these days, but mortgage rates actually moved lower today by more than a token amount. The average top-tier ...
Mortgage demand shocked no one by declining last week as mortgage rates climbed to their highest level in nearly three years.
For a few moments this morning, it looked as if rates might buck the recent trend and recover a bit of ground today. The ...
Core PCE came in at 0.2 vs a 0.3 forecast, and the bond market rallied a bit in response. That said, the unrounded number was ...
The new home market returned to the longer-term range last month, with sales seeing their 4th biggest rebound in 4 years. ...
Bonds lost ground overnight with traders reacting to Trump's rejection of Iran's proposal to reopen the Strait of Hormuz.
Sometimes we see a distinct shift in momentum on the first day of a new month. This is not one of those times. October 1st picks up where September 30th left off with more yield curve steepening (2yr ...
Bonds spent the first half of the day pressing into even weaker levels in spite of a respectable drop in oil prices. Data and headlines had little to no bearing on the selling. If anything, the ...
Of course we had to have a big, interesting move in the bond market on the day before an economic report also famous for causing big, interesting moves. On such occasions, if Friday delivers on ...