New home sales weakened further in May, extending the pullback seen over the past several months as elevated mortgage rates and affordability pressu...
Starting last Thursday, mortgage rates have barely budged. In terms of our 30yr fixed index, the maximum day-over-day change has been 0.02% since th...
We've had our fair share of big news events causing big reactions in markets over the past few months, but this week offered a welcome reminder that n...
Before looking at trading screens this morning, the first order of business would have been to mention the ramp up in economic calendar activity. Whil...