What's Up With MBS Underperformance? The notion of MBS underperforming Treasuries is front and center today--not because that ...
Today saw the average conventional 30yr fixed rate rise ever so slightly for top tier scenarios.  Most lenders are still quoting those scenarios just under 7%.  Depending on the specific details of ...
“In Florida earlier this week we celebrated with a couple of adult beverages: Metamucil and Ensure.” Every state has its quirks, and every state is made fun of by those in other states. Human nature, ...
The bond market has a lot on its mind after this past week of economic data and events.  Inflation quickly and increasingly ...
Helpful Data, MBS Underperformance, Is This Time Different? The bond market reacted favorably to this morning's economic data ...
Interest rates are now double where they were in 2022. Tipping over 8 percent at the end of 2023 and hanging in the 7 percent range nearly all of this year, the current interest rate environment is ...
You'd have to go back to March 28th to see the average mortgage lender offering a lower rate on a top tier, conventional 30yr ...
In a nutshell, this morning's economic data rapidly reversed the weakness seen after yesterday's Fed announcement, thus ...
It was an incredibly high consequence day for the bond market and, thus, mortgage rates due to the confluence of two ...
Massive CPI Rally Cut in Half After Fed Announcement As discussed in the AM commentary, bonds rallied sharply after this ...
Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and ...
Florida became a state in 1845. Sixteen years later, kites were used in the American Civil War to deliver letters, news, and ...