Mortgage rates are based on bonds and the bond market is prone to erratic behavior on major holiday weeks. One of the more common patterns is for the...
Bonds are sharply weaker to begin the new week and the new month. This is the first (and probably best) clue as to the nature of this morning's market...
This week marked the return of delayed economic data from the government shutdown. Specifically, we received the important jobs report that was set to...