Bonds Circle The Wagons Ahead of High Risk NFP The consensus for tomorrow's NFP (nonfarm payrolls, the principal component of ...

Mortgage rates have generally been falling since May 21st and have done nothing but move lower for more than 2 weeks.  That ...

Traders Buy The Dip After AM Data After a bit of overnight strength and an early morning pull-back, bonds were right in line ...

The closer you get to the end, the faster it goes.” Just like that, 2025 is half over. With it have come changes at the GSEs, ...

It's been 88 days since the average 30yr fixed mortgage rate was as low as it is today--close enough to 3 months.  Some ...

ADP employment was this morning's key economic report and it came out sharply weaker than expected (-33k vs 95k f'cast). There are many past examples of a "miss" of this size prompting a swift rally ...

Two months ago, existing home sales reached the highest levels in a year according to the National Association of Realtors.

April 3rd and 4th saw the average top tier 30yr fixed mortgage rates well into the "mid 6's."  Many lenders were able to ...

Steady Gains in the PM Hours It's common to see the effects of month/quarter-end trading most prominently in the PM hours and ...

New Home Sales fell sharply in May according to the latest report from the U.S. Census Bureau and HUD. After a brief surge in ...

Bonds are slightly weaker to start the final trading day of the week, but that has nothing to do with this morning's PCE data ...

Friday's mortgage rates ended up being right in line with Thursday's on average.  At 6.72%, the MND daily rate index is as ...