News

Calmly Closing at Best Levels Since April As far as post-NFP Mondays go, this was a calm one.  Bonds never strayed too far ...
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The ...
The new week is less interesting than the previous week in terms of scheduled events with the only top tier data being ...
Every month, we offer the same old warning/reminder ahead of the big jobs report--something to the effect of "no other ...
Month-End Volatility Erodes Modest Gains Bonds were slightly stronger in the overnight session and this morning's economic ...
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has ...
Wednesday brought another incremental increase in the level and importance of the calendar events with the power to create ...
Mortgage application activity fell last week, reversing prior momentum and highlighting continued softness in both purchase ...
Bond Traders Quickly Revise Their Bullishness "Revision" is the word of the day as every armchair economist struggles to ...
Yesterday, Tampa set a record for its all-time high temperature (at least since man began keeping track, for you sticklers) ...
Non-farm payrolls came in at 73k vs 110k, which is a pretty good thing for the bond market in and of itself.  But the bigger ...
After three straight days at exactly the same level, average 30yr fixed rates began to move lower again on Tuesday. It should ...