News

Mortgage rates ended the previous week roughly in line with the best levels since May 1st.  Today's modest improvement made ...
A vast majority of long-time bond watchers share the same general understanding of how war impacts rates. Specifically, the ...
With Thursday being a federal holiday, banks (and more importantly, the underlying market for mortgage related bonds) were ...
Solstice, and happy 50th birthday to the movie Jaws. Back then, for security, all we had to remember was where we hid our ...
Builder sentiment declined for the second straight month according to the National Association of Homebuilders (NAHB) and ...
The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, ...
Today we hear from the U.S. Federal Reserve. We can expect no change to overnight fed funds. As pointed yesterday by Dr. Paul ...
It happens, but it's rare. A Fed "dot plot" day has come and gone with mortgage rates almost perfectly unchanged from the ...
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to ...
Fed day is here and there's a 0% chance of a rate cut.  That's been the case for just over a month due a combination of April ...
After a Memorial Day-induced lull, mortgage application activity rebounded sharply last week, according to the Mortgage ...
Bonds were decently stronger in the overnight session, but not for any new, specific reasons.  Trading levels have been ...