Per the latest release from the Mortgage Bankers Association (MBA), both refinance and purchase indices decreased this week. In terms of the change from the previous week, it was the biggest drop so ...
The Census Bureau released its New Residential Construction report this week, frequently referred to by its principal ...
MBS are very close to their February 5th levels, which were the best since the morning of December 18th before the Fed announcement (and dot plot) caused a big sell-off.  Today, it's econ data that's ...
The National Association of Homebuilders (NAHB) along with Wells Fargo released the monthly builder confidence index this ...
Back on December 18th, rates began the day fairly close to where they ended the previous day. In the afternoon, rates surged ...
While much of the nation deals with the severe cold, I received this note from a new loan officer in Oklahoma. “Rob, I ...
Very Low Volatility After Early Morning Rally Bonds were sideways to slightly weaker in the overnight session, but bounced ...
There's an interesting little case study in this morning's market movement. Bonds had been sideway to very slightly weaker overnight, but began to rally at 7am ET.  The most notable market headline ...
Inflation is really getting out of hand... But that's just my 5 cents.” Inflation impacts the prices of fixed-income securities, like the kind backed by mortgages. Inflation takes a while to move, but ...
Deep Dive on Today's Misunderstood Fed Comments Today's only potential big ticket event was the release of the minutes from ...
It was almost a mildly interesting day as rates started out slightly higher.  To be fair, even that would not have been too ...
Bonds Give Up Friday's Gains Bond market volume was a little better than half of its recent average today--something that's ...