This week's only real mortgage rate movement was seen at the outset on Tuesday morning (Monday was closed for the holiday) in response to geopolitical...
Mortgage applications continued to ride the waves from last week's dip in rates, extending the surge that followed early-January rate volatility. The ...
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Bonds rallied modestly in the overnight session. There were no notable spikes in volume or volatility--just a gradual grind that took 10yr yields roug...
Mortgage rates may not be as low as they were before the weekend's geopolitical headlines, but they've moved just a hair lower on each of the past two...
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Bonds found a bid along with stocks yesterday afternoon after Trump announced a "framework of a deal" on Greenland. Markets were much less interested...
Markets held more sideways overnight as traders awaited further geopolitical developments today surrounding Greenland. Both stocks and bonds lost grou...
With mortgage rates right where they were 2 weeks ago, things could be worse. But after rising 20bps from last week's lows, things could also certainl...
Mortgage rates jumped sharply higher on Tuesday in response to weakness driven by geopolitical events and overseas financial markets. After hitting lo...
On today’s Mortgage Law Today at 3PM ET, sponsored by Polunsky Beitel Green, LLP, Brian Levy sits down with Mitch Kider to unpack the shifting legal a...
As Trump's Greenland aspirations continue unabated, measurable fallout is increasing. Part of the strategy is increased tariffs. EU is also planning/t...
Don't stress out. If we ignore the past 5 days, today's mortgage rates are still the lowest since early 2023. That said, they're up a bit from last w...
Builder confidence slipped to start the year, with the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) falling two...
How are we halfway done with January already? Wasn’t it just New Year’s? Some lenders slow down in the winter, but I am hearing reports of great Decem...
Last week reinforced the lesson anything can happen in the bond market--even with less than an hour left on an otherwise uneventful day. There's no wa...
Mortgage rates moved modestly lower for the average lender today, but higher for others. The distinction is whether the lender in question made a late...
While rumors swirl that Jerome Powell is paying his own legal bills while dealing with the DOJ, and the Administration is ruminating on using 401(k) o...
The weekly jobless claims data (not to be confused with the big monthly jobs report) is hit and miss when it comes to its propensity to move the bond ...
Trading levels in the bond market directly impact the rates that mortgage lenders can offer. This is why rates moved so much lower after last week's n...
As we reported last week, the announcement that Fannie and Freddie would buy $200bln in mortgage-backed securities led to a precipitous drop in rates ...
In our world, no one expects lender and/or vendor mergers and acquisitions to diminish in 2026, and in today’s Mortgage Matters at 2PM ET, presented b...
10yr Treasury futures volumes spiked about 5 times higher in the 2 minutes following yesterday's CPI than in the 2 minutes following this morning's PP...
According to our chart of MND's mortgage rate index, 30yr fixed rates bottomed at 6.01% yesterday, but that's because the chart logs the day's latest ...
Today’s Capital Markets Wrap (3PM ET) will cover how mortgage rates may be impacted by the lack of a traditional flight to quality despite rising inte...
CPI came out just a bit lower than expected with the monthly core at 0.2 vs 0.3 and annual core at 2.6 vs 2.7. The unrounded numbers were closer to f...
Mortgage rates are either higher or lower today, depending on the lender in question. Some lenders raised rates on Friday afternoon in response to wea...
The National Association of Realtors (NAR) reports that the median age of first-time homebuyers has increased significantly, reaching 40 years old, co...
The most important-sounding news over the weekend was last night's subpoena of Fed Chair Powell over statements made to congress regarding the Fed's b...
On a week where the mortgage market was most likely to experience volatility due to Friday's jobs report, Thursday afternoon's surprise announcement o...
On Thursday afternoon with less than an hour left to trade, Trump announced he would be directing his representatives to buy $200bln in mortgage-backe...
A frequent topic in this Commentary is how lenders are responsible for only a small portion of the affordability issue. A big hit to affordability is ...
The jobs report came out mixed with payrolls falling 10k short of the 60k forecast and the unemployment rate ticking down to 4.4% vs a 4.5% forecast. ...
Mortgage rates were just a hair higher for the average lender on Thursday. The underlying bond market lost some ground following a stronger weekly Job...
“Warning: don’t use your pet’s name for your password. We were hacked, and had to change our dog’s name.” “Experts” are saying that passwords will be ...
US bonds have been taking clear cues from Europe in overnight trading recently. Today's example involved a 3bp sell-off on both sides of the Atlantic....
Wednesday had the potential to cause bigger volatility for rates due to the confluence of several important economic reports. If that data had been lo...
Uneventful Conclusion to a Volatile Week
Bonds put in a decent day on Friday, ultimately getting back into positive territory and the best closing levels of the week. Yields were almost perfectly in lin...