Complete Silence After AM Volatility Bonds were mostly flat overnight before a sharp sell-off from 8am through 10am ET. After ...
Mortgage rates are based on bonds and the bond market is prone to erratic behavior on major holiday weeks. One of the more ...
Bonds are sharply weaker to begin the new week and the new month. This is the first (and probably best) clue as to the nature of this morning's market movement. Thanksgiving weeks are prone to random ...
As is most often the case, the Friday after Thanksgiving added nothing interesting to mortgage rate momentum.  The average ...
When did our business start with the catchy slogans? Stay alive in ’25? Stay in the mix in ’26. It’ll be heaven in ’27. How ...
This is just a reminder that the Friday after Thanksgiving is the most useless and inconsequential trading day of the year. In very rare cases, movement can be tied to actual events/data, but that's ...
Holiday Week Volatility With Zero Consequence Although there was a brief negative reaction to this morning's economic data, ...
Wednesday was far less eventful than the first two days of the week as far as mortgage rates were concerned. The average ...
The new phone books are here, the new phone books are here! Oh, wait a minute. The new conventional conforming loan limits are here! The new conventional conforming loan limits are here! True, lenders ...
Bonds were just slightly weaker overnight but are losing more ground in early trading.  The culprit: both of this morning's 8 ...