Pending home sales edged higher in August as gains in the South and West offset declines in the Northeast and Midwest. The National Association of REA...
It was a fairly uneventful day for mortgage rates to start the new week. The underlying bond market was slightly stronger. This suggests slightly lo...
While the Fed may have requested a majority of the market's attention last week, oil prices were saying "ahem... over here." Now this morning, the pos...
It's a common refrain in this newsletter: The Fed does not hike/cut mortgage rates and the two can often move in opposite directions in the short-term...
It was a rather uneventful day with bonds holding sideways in a relatively narrow range after a modest overnight improvement. Intraday correlation wit...