Per the latest release from the Mortgage Bankers Association (MBA), both refinance and purchase indices decreased this week.
Back on December 18th, rates began the day fairly close to where they ended the previous day. In the afternoon, rates surged ...
Deep Dive on Today's Misunderstood Fed Comments Today's only potential big ticket event was the release of the minutes from ...
Solid Conclusion to a Solid Week Bonds benefited from a one-two punch of economic data and stock market weakness on Friday, ...
Bonds extended yesterday's selling streak in the overnight session, but not in an alarming or serious way. Momentum reversed ...
The National Association of Homebuilders (NAHB) along with Wells Fargo released the monthly builder confidence index this week, and it came out much weaker than expected. With tariff and immigration ...
The Census Bureau released its New Residential Construction report this week, frequently referred to by its principal component "housing starts" (a term for the start of the first phase of new home ...
While much of the nation deals with the severe cold, I received this note from a new loan officer in Oklahoma. “Rob, I ...
It was almost a mildly interesting day as rates started out slightly higher.  To be fair, even that would not have been too ...
Mortgage lenders were unable to update their rates yesterday as the bond market was closed for the Presidents Day holiday. ...
Very Low Volatility After Early Morning Rally Bonds were sideways to slightly weaker in the overnight session, but bounced ...
Mortgage rates jumped quickly higher yesterday following the higher inflation reading in the Consumer Price Index (CPI). Now ...