News

Another "Just Because" Sell Off This is getting old...  and unfortunately, more prevalent. The bond market has been offering ...
A mullah, a rabbi, and a priest walk into a bar here in New York. The bartender says, “What is this, some kind of joke?” What isn’t a joke is people’s pay, and trends in mortgage compensation, and ...
It's a holiday-shortened week with a relatively empty economic calendar, thus forcing the bond market to find its movement ...
But Volatility Risks Remain Bonds started weaker, flipped stronger mid-day, and then slowly moved back to unchanged levels by ...
A glance at today's economic calendar quickly reveals that Fed speeches are the only game in town in terms of scheduled ...
(Un)Surprising Reversal After Initial Weakness The sharp overnight losses in stocks and bonds were consistent with a market ...
Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody's credit rating downgrade of the U.S.  News of the downgrade broke with only minutes left in Friday's ...
When Moody's announced the surprise cut of the US credit rating on Friday, there were only a few minutes left to trade and ...
The average top tier 30yr fixed rate is set to end the week just a few hundredths of a percent higher than last Friday at ...
The Census Bureau is out with monthly construction numbers for April showing an uptick in construction activity offset by ...
The National Association of Homebuilders (NAHB) and Wells Fargo released the monthly Housing Market Index (HMI) this week, ...
Home purchase demand improved improved last week according to the MBA mortgage application survey. The improvement over the ...