News

Tuesday's CPI reaction was frustrating. Bonds rallied for an hour only to sell off for the rest of the day starting at 9:30am ...
What's Up With The Paradoxical CPI Reaction? Heading into today's data, we knew there was a possibility of two separate ...
Mortgage rates are based on bonds and bonds don't like inflation.  When inflation reports are higher than the market expected ...
All Eyes on CPI Bonds have sold off a bit so far in July, but haven't lost much more ground versus last Tuesday as of this ...
In news for fans of the wholesale lending channel (more below), heading into the baseball All Star Break the Philadelphia ...
Today's movement in mortgage rates, in and of itself, is barely worth mentioning.  The average lender remains close enough to ...
Lenders and servicers have entire sets of policies and procedures based on the Federal Emergency Management Agency (FEMA) ...
Mortgage application activity bounced higher last week following a drop in rates to the lowest levels in 3 months. The ...
Don’t forget to snag your free Slurpee today at participating 7-Elevens! Speaking of edible things, I like my Frosted Flakes, ...
Yesterday, we characterized the prevailing mortgage rate momentum as "broadly sideways," and while that's still very true in ...
It's a bit of a stretch to refer to the past week as a "losing streak" for mortgage rates. The worst part about it was the ...
In terms of news that seems like it should be important, the biggest overnight development was the announcement of a 35% ...