News

Not Reading Too Much Into Friday's Weakness At first glance, with only one report on the calendar, it's only logical to give ...
After a Memorial Day-induced lull, mortgage application activity rebounded sharply last week, according to the Mortgage ...
Overnight and early-session trading confirm the bond market is shifting gears and re-entering a sort of cruise control in the prevailing range. Had last Friday's jobs report been as weak as some of ...
The top tier 30yr fixed mortgage rate index rose 0.04% on Friday, which would be a medium-sized defeat in and of itself. In the broader context, however, it was an acceptable adjustment on what has ...
Thursday's Data Offered No Objection to Overnight Rally Thursday's PPI was just as tame as Wednesday's CPI and, for a moment, ...
After a calm start to the week on Monday and Tuesday, we were likely to see a bit more volatility on Wednesday due to ...
Mortgage rates being offered today are only a hair lower for the average lender than they were on June 4th, but June 4th was ...
Heading into today's CPI data, our stance was that we'd need to see the monthly core number come in at 0.1 vs 0.3 in order to ...
This morning's PPI did its best impression of yesterday's CPI with the core monthly number coming in at 0.1 vs 0.3 forecast.
Nice Rally on Data and Auction Results Wednesday ended up being a straightforward session for bonds with a large CPI beat ...
It was a fairly boring day on what has turned out to be a fairly boring week so far for mortgage rates.  After Friday's ...
Mortgage rates have enjoyed a nice run since May 21st, with the MND Index (average top tier 30yr fixed scenarios) falling ...