Mortgage rates are driven by the bond market and bonds consistently take cues from economic data.  Traders have been waiting ...
Ever since last Thursday's econ data failed to cause a stir in financial markets, we knew we'd be waiting until today for big ...
Today would have been the 65th birthday of comedian Norm Macdonald. And while that may make your head shake, here’s something ...
Mortgage rates have been holding in a fairly narrow range since the middle of last week and today was one of the least ...
Uneventful Day, But That's a Victory These Days Last week's bond market action offered some glimmers of hope that the most ...
The market was hungry for data before the jobs report week and has been even hungrier since then.  Unfortunately, there haven ...
Thursday Morning is This Week's Biggest Volatility Risk While there was certainly a bit of an upward drift in Treasury yields through the end of last week, mortgage rates and MBS saw it as a bit more ...
Bonds moved into stronger territory over the 3 day weekend in a move largely attributed to de-escalation in the Middle East ...
While this week's rates were substantially higher than most of last week's, if we remove a few flashes of volatility, the average lender stayed very close to Monday morning's levels. Wednesday ...
When it comes to economic data with any real significance, today only offered two reports: PPI and Consumer Sentiment. ...
It's always a bit jarring to go from something like last Friday's jobs report response to a subsequent week with very little movement, but in the grand scheme of things, it may as well have been a ...