When I was young man, I met a girl in Tennessee who turned out to be a moonshiner’s daughter. That was a long time ago. But I ...
Bonds managed a moderate rally in response to this morning's inflation data.  While it has since been mostly erased, it was ...
While there's been plenty of movement in the average mortgage rate on any given day recently, today was not one of them. 30yr ...
It's not entirely clear if it's a can or the proverbial bucket. All we know is that mortgage applications have been kicking ...
What would lenders do without telephones and phone calls? In 1947 area codes were created by AT&T. Metropolitan areas were ...
In the run up to the election, we offered constant reminders that a 10bp move in Treasuries wasn't really a big deal, and ...
Bonds sold off on Tuesday both during the domestic session and in the overnight hours leading up to it. Motivations are a ...
Many believe, and with good reason, that there will be some turnover at the CFPB coming up. Here are the pay grades if you’re ...
The bond market dictates day to day movement for all manner of interest rates, including mortgages.  On election night, bond ...
In today's weekly mortgage application survey from the MBA, the average 30yr fixed mortgage rate only rose from 6.73 to 6.81% ...
This morning's only relevant economic data was weekly jobless claims.  The headline was right in line with forecasts and the ...
"Buy the rumor, sell the news" is an age-old aphorism in financial markets for a reason.  It accurately speaks to the real ...