Apologies first! Yesterday I mistakenly wrote, “ARMs now account for nearly 50 percent of applications…” Thank you again to ...

Mortgage rates are as high as they've been on almost any other day this month.  You'd have to go back to August 1st to see ...

Incidental Weakness or a New Trend? The most interesting thing that happened in the bond market today involved trading levels ...

Summertime trading conditions tend to amplify trading motivations that might otherwise get lost in the shuffle. This morning, ...

Friday morning's highlight is the Retail Sales report which came in at a respectable 0.5 vs 0.5 headline. Core retail sales ...

There's no question that today's Producer Price Index came in surprisingly hot. Both the headline and core numbers were 0.9% ...

Mortgage application activity surged last week as sharply lower mortgage rates boosted refinance demand and gave purchase ...

Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels since October ...

October 3rd, 2024 continues to be the day to beat when it comes to mortgage rates hanging out at 10 month lows. Today's top ...

The average top tier 30yr fixed rate held exceptionally steady last week after moving just a bit lower over the weekend. By ...

Pundits, politicians, and everyone else can continue to assume that mortgage rates will respond to changes to the Fed Funds ...

Bonds rallied overnight, largely in concert with lower EU yields. Stable inflation in Germany and lower oil prices helped.