News

Bonds Brace For Stormier Weather After This Week's Smooth Sailing Despite a few inconsequential ups and downs, bonds ...
Bonds were initially stronger, then weaker in the overnight session.  There was a bit of additional selling in the first hour ...
If you want to see an unscripted moment where politics and the central bank collide, thank Ken Sonner for sending over this ...
Reasonably Resilient After Data-Driven Selling This morning's Jobless Claims report was the week's most relevant economic ...
After falling for 5 straight days leading into Tuesday, mortgage rates have now moved slightly higher on each of the past two ...
The latest New Home Sales report (released today) shows a slight uptick in June after last month’s sharp drop. The seasonally ...
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 ...
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 ...
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 ...
The residential lending industry touches all facets of life, and the best LOs are not focused strictly about mortgages. I ...