News

Today brought the hotly anticipated jobs report.  This is the "official" job count and unemployment rate data for the U.S.
Apart from the fact that this morning's jobs report contrasted starkly from the slew of anecdotal evidence suggesting a ...
The closer you get to the end, the faster it goes.” Just like that, 2025 is half over. With it have come changes at the GSEs, ...
Big Market Reaction but Mortgages Outperform Today's jobs report would have been bad for rates if it was even in line with ...
Tuesday brings the week's first decent dose of meaningful economic data with both S&P/ISM Manufacturing PMIs and Job Openings ...
It's been 88 days since the average 30yr fixed mortgage rate was as low as it is today--close enough to 3 months.  Some ...
ADP employment was this morning's key economic report and it came out sharply weaker than expected (-33k vs 95k f'cast).
Bonds Circle The Wagons Ahead of High Risk NFP The consensus for tomorrow's NFP (nonfarm payrolls, the principal component of ...
April 3rd and 4th saw the average top tier 30yr fixed mortgage rates well into the "mid 6's."  Many lenders were able to ...
Mortgage rates have generally been falling since May 21st and have done nothing but move lower for more than 2 weeks.  That ...
Traders Buy The Dip After AM Data After a bit of overnight strength and an early morning pull-back, bonds were right in line ...
Mortgage application activity moved higher last week as rates declined to the lowest levels since April, according to the ...