News

The bond market was likely taking a bit of a lead-off ahead of today's jobs report, inspired by a string of weaker economic ...
Mortgage rates have enjoyed a nice run since May 21st, with the MND Index (average top tier 30yr fixed scenarios) falling ...
Mortgage rates began the day perfectly in line with yesterday's latest levels for the average lender. By the afternoon, the ...
The last time I was in Florida I saw a bumper sticker that said, “I thought growing old would take longer.” This weekend I ...
Perfectly Logical Reaction to On-Target Data It's not necessarily a fun fact to face, but today's bond market sell-off was a ...
Whether or not today's drop in rates is meaningful depends on one's perspective, but in the context of recent rate movement, ...
My cat Myrtle never seemed to listen, but heard lots. LOs can hear the difference, when dealing with a borrower, between ...
JOLTS Data Didn't Help, But it Didn't Hurt Much Either Bonds were moderately stronger overnight and then weaker after the ...
Bonds Dial Back Ahead of Big Jobs Report It was a fairly interesting day for bonds, relative to the calendar of scheduled ...
The Mortgage Bankers Association’s (MBA) latest survey showed a pullback in mortgage applications, with rates dipping slightly after a three-week climb. The week’s numbers were also affected by the ...
Big Bond Rally After ADP and ISM We knew the onus was on weaker economic data to justify any decent drop in rates/yields and ...
Mortgage rates have been in an exceptionally narrow range since last Tuesday with the 30yr fixed index hovering just under 7% ...