Core PCE came in at 0.2 vs a 0.3 forecast, and the bond market rallied a bit in response. That said, the unrounded number was ...
APR attempts to factor in upfront costs to deliver a true “cost of financing” which is typically higher than the interest rate on your mortgage APR relies on human input and variables that can be ...
Big Intraday Round Trip For Bonds; Williams Helped Bonds spent the first half of the day pressing into even weaker levels in ...
Bonds were initially modestly stronger overnight, but mostly sideways in the bigger picture. Right at the 8:20am CME open, bond sellers were clearly waiting in line to sell. This is another small ...
Bonds lost ground overnight with traders reacting to Trump's rejection of Iran's proposal to reopen the Strait of Hormuz.
Mortgage rates have risen more than half a point in 2 weeks. While that's certainly not the fastest jump we've seen, it is an ...
Mortgage demand remained subdued last week as the 30-year fixed rate climbed above 7%. The Mortgage Bankers Association (MBA) ...
The new home market returned to the longer-term range last month, with sales seeing their 4th biggest rebound in 4 years. ...
Mortgage rates didn't move much on Tuesday, but at least it was in the right direction. Perhaps more exciting is the fact ...
The day began like many others over the past several weeks. Bonds hadn't moved much overnight, but were paying some attention ...
Bond-Specific Weakness Over the past 6 months, as bonds continued to sell off, there was frequently some solace in the fact ...
We love it when a plan comes together. Heading into yesterday's Fed announcement, the hope was that a rate hike would ...