News

Minimal Movement Amid Absence of Data It was ultimately a fairly uneventful session for bonds with the 5yr Treasury auction ...
As the world is watching the chicks learn to fly on the eagle cam, in the human world there are more “For Sale” signs. You ...
Whether or not today's drop in rates is meaningful depends on one's perspective, but in the context of recent rate movement, it's definitely noticeable.  The simplest way to think about the ...
It's been a fairly simple morning so far for the bond market. Both of the morning's key economic reports came in weaker than ...
JOLTS Data Didn't Help, But it Didn't Hurt Much Either Bonds were moderately stronger overnight and then weaker after the ...
Sometimes a Tuesday is just a Tuesday for mortgage rates.  In the present week, any day is capable of generating some ...
My cat Myrtle never seemed to listen, but heard lots. LOs can hear the difference, when dealing with a borrower, between ...
Mortgage rates have been in an exceptionally narrow range since last Tuesday with the 30yr fixed index hovering just under 7% ...
It has turned out to be a surprisingly calm week for mortgage rates and, as of today, largely a victorious one, even if the ...
There was a bit of behind-the-scenes volatility in the bond market today.  Normally, bond volatility translates to interest ...
First thing's first: the overnight rally was fairly modest with 10yr yields dropping about 3bps to 4.41 ahead of the domestic ...
New Month Selling Trumps ISM Data It's not that this morning's ISM data failed to help the bond market. In fact, it accounted ...