MBS are up more than 3/8ths and the 10yr is down almost 6bps at the lowest levels in a week after the job count came in at ...
It's a rarity these days, but mortgage rates actually moved lower today by more than a token amount. The average top-tier ...
Sometimes we see a distinct shift in momentum on the first day of a new month. This is not one of those times. October 1st picks up where September 30th left off with more yield curve steepening (2yr ...
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 ...
Thursday's Rally Sets Up For a Very Interesting Friday Of course we had to have a big, interesting move in the bond market on the day before an economic report also famous for causing big, interesting ...
For a few moments this morning, it looked as if rates might buck the recent trend and recover a bit of ground today. The ...
Mortgage demand remained subdued last week as the 30-year fixed rate climbed above 7%. The Mortgage Bankers Association (MBA) ...
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 ...
Big Intraday Round Trip For Bonds; Williams Helped Bonds spent the first half of the day pressing into even weaker levels in ...