In fact, the average lender offered the exact same 30yr fixed rate when this morning's initial barrage of rate sheets came out. Lenders typically publish their first rates of the day around 10am ...

You won't always be able to count on the market dynamics we've seen over the past few weeks, but during that time, they've been pretty reliable. Specifically, steep losses in stocks have been ...

Mortgages have downshifted a bit from highs earlier in the week but continue to fluctuate with the latest economic news. Retail sales were up more than expected, and jobless claims were down ...

Third, the 30yr auction tailed. No huge surprise here, as a poor 30yr often follows a good 10yr auction, for no reason that makes any sense. The latter aspect reminds us of the underlying supply ...

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