Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers A...
The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recover...
MBS are still up 3/8ths on the day, but down roughly a quarter point from AM highs. Lenders who priced/repriced during those highs are increasingly li...
The Iran war continues to dominate financial markets and mortgage rates are no exception. That's no great surprise considering rates are driven by mov...
Today's most notable development was a fairly large bond rally despite another uptick in oil prices. The leading explanation, by far, is the general n...