Mostly Sideways. Volatility Elsewhere The legend of the bond market's extreme apathy is increasingly making the rounds in ...

While not as disruptive or publicized as the most recent example, there's a partial government shutdown underway. Even if the ...

Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown ...

Data-Driven Sell-Off Dominates The Day. No Jobs Report on Friday Very little changed after this morning's commentary. At the ...

Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the ...

There are lots of rumors about more M&A. For example, Maxwell, a POS and mortgage origination services company, being ...

Some would say there were warning signs, such as last week's Chicago PMI surging to the 2nd highest level since 2022, but that was generally dismissed as a noisy outlier in a data set that is ...

Volatility Eludes Bonds Bonds saw some steady selling pressure earlier in the week, but with the total damage amounting to an average of 2bps per day in 10yr yields, it was anything but volatile. The ...

While there was certainly plenty of volatility elsewhere in the financial market this week, there was almost none to be found in mortgage rates. Wed, Thu, and Fri all recorded the exact same level in ...

Both the FHFA and the S&P/Cotality Case-Shiller home price indices released November data this week, and the combined message ...

Mortgage application activity retreated a bit last week following two weeks of unusually strong volume, although holiday timing played a meaningful role in the weekly comparison. The Mortgage Bankers ...

There’s a lot of sensible thinking going on out there in our biz. Yesterday in the Thought Leadership section, attorney Mitch ...