News

The most significant development of the overnight session was the early morning passage of the spending bill in the House.
Treasury Auction Blamed as Bond Vigilantes' Smoking Gun Vigilante justice!  Taking matters into one's own hands!  It's a ...
We're now into the 3rd day of a week that's conspicuously lacking in relevant econ data. In addition, the looming holiday ...
Two days ago, mortgage rates began the day at 7.04% before mid-day improvements brought the average back down to 6.99%.  Today started out in a similar vein with the average lender at 7.05%, but the ...
Mortgage rates jumped sharply over the weekend as financial markets reacted to Moody's credit rating downgrade of the U.S. ...
A mullah, a rabbi, and a priest walk into a bar here in New York. The bartender says, “What is this, some kind of joke?” What ...
Mortgage rates ultimately managed to hold steady on Tuesday despite some underlying market volatility. Rates change day to ...
Ultimately Sort of Flat if You Use Your Imagination Here's a quick and easy method for imagining that bonds were flat today.
(Un)Surprising Reversal After Initial Weakness The sharp overnight losses in stocks and bonds were consistent with a market ...
The National Association of Homebuilders (NAHB) and Wells Fargo released the monthly Housing Market Index (HMI) this week, ...
When Moody's announced the surprise cut of the US credit rating on Friday, there were only a few minutes left to trade and ...
Home purchase demand improved improved last week according to the MBA mortgage application survey. The improvement over the ...