Mortgage application activity continued to move higher last week, though the pace slowed considerably as financial markets turned volatile and mortga...
Mortgage rates are driven by the bond market. Although bonds only experienced moderate, steady weakness throughout the day, mortgage rates lurched hi...
MBS are down more than an eighth on the day and more than a quarter point from most lenders' rate sheet print times. Negative reprices are now likely....
Last week, it seemed interest rates could do no wrong. Mortgage rates started at multi-year lows on Feb 23rd and proceeded to have a record-setting we...
There's a high bar for econ data to have any impact on bonds these days and that's especially true of inflation reports like this morning's PCE. Thank...