News

Mortgage application activity moved higher last week as rates declined to the lowest levels since April, according to the ...
Apart from the fact that this morning's jobs report contrasted starkly from the slew of anecdotal evidence suggesting a ...
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 ...
Traders Buy The Dip After AM Data After a bit of overnight strength and an early morning pull-back, bonds were right in line ...
Tomorrow is the 4th of July, the only time of the year Americans say the day and month in the correct order. We find ourselves in the traditional “dog days of summer” which refer to the hottest and ...
Mortgage rates have generally been falling since May 21st and have done nothing but move lower for more than 2 weeks.  That ...
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, ...
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 ...
Two months ago, existing home sales reached the highest levels in a year according to the National Association of Realtors.
Steady Gains in the PM Hours It's common to see the effects of month/quarter-end trading most prominently in the PM hours and ...
New Home Sales fell sharply in May according to the latest report from the U.S. Census Bureau and HUD. After a brief surge in ...