It's no mystery that 2024 hasn't been a stellar year for home sales and many other housing metrics. Today's release of ...
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 ...
While there were only 4 business days instead of the customary 5, it's been an intensely boring week for mortgage rates. Tuesday started out right where Friday left off. From there, Thursday brought ...
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 ...
Mortgage rates are driven predominantly by the bond market and bonds were able to clear up a few curiosities on inauguration ...
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 ...
Trump issued numerous executive orders on Monday, but conspicuously absent was any specific directive regarding tariffs. ...
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 ...
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 ...