Jobless claims data continues to defy a majority of other labor market metrics in showing a remarkable lack of any signs of softening.  In fact, the 4 week average is now at a 13 week low.

Broadly Calm Despite Modest Pull-Back If anything about the present week required investigation and explanation, it was the ...

It's been a pretty good run for mortgage rates since hitting their most recent highs last Tuesday. Each subsequent day saw a ...

Mortgage application activity managed a modest increase last week despite slightly higher rates. The Mortgage Bankers ...

The analytical theme this week has been to observe the market movement and then go scrambling for justification.  Such is the nature of a week without any actionable econ data. This morning's example ...

The residential lending industry touches all facets of life, and the best LOs are not focused strictly about mortgages. I ...

Mortgage rates didn't move much on Monday, but they moved in the right direction with the average lender 0.03% lower for a ...

Solid AM Gains Stick Around All Day Bonds improved in the morning following comments from Bessent that gave the markets more ...

Two months ago, existing home sales hit a five-month low. Last month’s report showed a minor rebound. This month’s update, released July 23, shows a return to weakness. Sales declined 2.7% in June to ...

With all of this talk about replacing people in our biz, could this be a future mortgage banker’s conference? Delta is moving ...

Mortgage application activity dropped sharply last week as rates moved higher, according to the Mortgage Bankers ...

Needle Threaded. Now What? As always, big-ticket data and/or news headlines have  potential energy in terms of their impact ...