This week is ending with the average top tier 30yr fixed mortgage rate at its lowest level since early October, 2024. The ...

Wild Round Trip Leaves MBS Weaker Despite Huge Initial Rally MBS ended Friday right about where they ended Thursday, and if ...

The Mortgage Bankers Association (MBA) released the latest mortgage application data this week showing a modest 1.6% decrease ...

Despite today being "jobs report Friday," and despite the jobs report perennially having the power to cause big volatility ...

Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued ...

Big, Early Rally, Then Flat All Day On any given day in the bond market, Sometimes everything that's going to happen ends up ...

While plenty of uncertainty remains over the finer points of Wednesday afternoon's tariff announcement, markets have heard ...

Late Day Volatility on Tariff Speech The long-awaited tariff speech took markets for a ride in both directions this afternoon. After the dust settled, the net effect was "buy bonds, sell stocks." ...

Mortgage rates didn't move much today, which is pretty crazy considering the volatility present in financial markets in the ...

Data Helped, But Wild Cards Remain on Deck This morning's economic data wasn't immediately and obviously worthy of credit for ...

Inflation, via this morning's PCE price index, came in slightly hotter than expected, but bonds are rallying in response.

Month End Buying Pushes Back on Mid-Day Weakness Bonds began the day in stronger territory as investors  reacted to weekend ...