The Mortgage Bankers Association's (MBA) weekly mortgage application survey showed a modest decrease in refinance ...

Due to the incredibly light calendar of economic data this week, this morning's combination of S&P PMI and Consumer Sentiment ...

It's no mystery that 2024 hasn't been a stellar year for home sales and many other housing metrics. Today's release of ...

With oil prices going down, I’ll demand that interest rates drop immediately. And likewise, they should be dropping all over ...

Absence of Data Leaves Focus on Technicals and the Waiting Game The extreme dearth of big ticket economic data was no mystery ...

Bonds Feeling Defensive Despite Trump's Demands For Lower Rates Bonds lost ground this morning despite slightly higher Jobless Claims. There are no obvious cases for causality apart from markets ...

Mortgage rates are driven predominantly by the bond market and bonds were able to clear up a few curiosities on inauguration ...

Trump issued numerous executive orders on Monday, but conspicuously absent was any specific directive regarding tariffs. ...

After several consecutive days without any noticeable changes, mortgage rates finally made a move today.  Unfortunately, that move was higher. Thankfully, it was neither extreme nor sufficient to ...

Bonds rallied yesterday, largely in an attempt to catch up with the movement that occurred on Monday when cash trading was ...

Given that rates take cues from bonds and bonds take cues from economic data, it's perhaps no surprise to see an absence of volatility in rates on a week that has very little to offer in terms of ...

Mortgage rates are driven by the bond market and Friday was the least active day of the week for bonds.  There were no major ...