Uneventful Monday; MBS Underperform In the bigger picture, bonds were flat on Monday without any major volatility in either direction. But if we break out the microscope, we find longer-term ...
The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it's no surprise to see mortgage rates right in line with Friday's latest levels. For the average lender, this ...
Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...
The jobs report (for September) will be released on Thursday. It is the first major econ data to re-appear after the shutdown. Notably, that's because it was ready to publish at the time of the ...
Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so far ...
Bonds Look Past 10yr Auction to Maintain Focus on Jobs While there were no big ticket economic reports on today's calendar, ...
Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were ...
Gains Completely Erased; Stocks Looking More Culpable Viewed in a vacuum, this mornings 7-8am rally remains enigmatic. There ...
Mortgage rates went into the weekend with a small cushion thanks to movement in the bond market on Friday. Specifically, ...
Wednesday's mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months.  This ...
How was the Louve in Paris robbed? The password for the cameras was… ready? Louve. (I’m sure that the Smithsonian, MOMA, and ...
Mortgage applications posted a modest increase last week, even as rates ticked slightly higher. According to MBA’s Weekly ...