News

The average top tier 30yr fixed mortgage rate had already dipped to the lowest levels since May 1st at the start of the week.
Bonds are taking a breath this morning after hitting the best levels in more than a month yesterday. The event calendar is ...
Reversal Leaves Bonds Slightly Stronger This morning, we noted the lightness of the selling pressure that took bonds into modestly weaker territory. It turns out it was so light that it was easy for ...
Do you own a computer? Most in lending do. Elon Musk? I guess not. A courtroom twist in Musk's war with OpenAI has revealed a ...
Yesterday saw mortgage rates fall to the best levels since early May.  Now, today, we'd have to go all the way back to the ...
Both the FHFA and Case‑Shiller home price indices were released today. While the data collection time frame is from April, ...
Solid Response to Data and Dovishness The morning commentary focused more on the relatively dovish tone struck by Powell in ...
Mortgage rates ended the previous week roughly in line with the best levels since May 1st.  Today's modest improvement made ...
Residential business is coming through in dribs and drabs for many lenders, but that doesn’t stop all the random news out ...
Solstice, and happy 50th birthday to the movie Jaws. Back then, for security, all we had to remember was where we hid our ...
The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, ...
Mortgage application activity declined modestly last week despite a drop in rates, according to the Mortgage Bankers ...