Complete Silence After AM Volatility Bonds were mostly flat overnight before a sharp sell-off from 8am through 10am ET. After ...

Mortgage rates are based on bonds and the bond market is prone to erratic behavior on major holiday weeks. One of the more ...

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 movement. Thanksgiving weeks are prone to random ...

Wednesday was far less eventful than the first two days of the week as far as mortgage rates were concerned. The average ...

As is most often the case, the Friday after Thanksgiving added nothing interesting to mortgage rate momentum.  The average ...

Both the FHFA and the S&P/Cotality Case-Shiller home-price indices released new data this week. The message remains ...

Mortgage rates moved nicely lower on Tuesday with the average lender very close to the 2025 lows seen in late October. These levels are effectively right in line with the lowest since late 2022. If ...

The new phone books are here, the new phone books are here! Oh, wait a minute. The new conventional conforming loan limits are here! The new conventional conforming loan limits are here! True, lenders ...

When did our business start with the catchy slogans? Stay alive in ’25? Stay in the mix in ’26. It’ll be heaven in ’27. How ...

Best Closing Levels in Nearly a Month Bonds improved only moderately on Tuesday in a move that's just as easily chalked up to ...

Open But Not Really Open This is just a reminder that the Friday after Thanksgiving is the most useless and inconsequential ...