Existing-home sales remained relatively stable in July despite elevated mortgage rates , with activity declining modestly from June while remaining a...
First, the bad news: mortgage rates ended the day just a hair higher compared to Thursday, but the change was so small that many borrowers will see ...
MBS are down another few ticks and 10yr yields are pushing news highs for the day. The average lender is now seeing almost 6 ticks (.19) of weakness f...
Rates may still be elevated in a general sense, but by the end of the week, they were as low as they've been since July 17th. If we have one thing to ...
Retail sales came in at -0.6 vs +0.1 forecast. Even the "control group" (excludes autos/gas/building materials) was -0.4% versus +0.3%. On most any ot...