Ultimately Underwhelming Despite Seemingly Significant Data There was certainly the potential for volatility today with the ...

Bonds rallied steadily overnight with more of the gains aligning with a data-driven bond rally in Europe. The overnight move brought 10yr yields roughly 2bps lower from yesterday's close.  Another ...

Mortgage rates have been effectively unchanged for 5 straight days now. During that time, the MND 30yr fixed rate index ...

As it turns out, not everyone has a loan on their house. In fact, 40 percent of U.S. homes don’t have a mortgage, per the ...

The two days of 2025 with the lowest rates were September 16th and October 28th. Both days happened to be the Tuesdays that ...

Redfin is calling next year the beginning of “The Great Reset,” when wages will grow faster than home prices for the first ...

Ending Near Unchanged Levels After Early Head Fake Trading volumes confirm that bonds are 100% back in action, but after this ...

A range trading theme has dominated the bond market since the most recent high yield on December 10th and the most recent low ...

Heading into the week, we knew there was a high bar for any legitimate mortgage rate fireworks. In addition to a dearth of ...

Some percentage of readers reading today’s Commentary are doing so from an airport in the Northeast, waiting for their ...

Mortgage rates continue operating in an excruciatingly narrow range near their lowest levels of the past few years. Yesterday ...

Bonds Improve Back to Pre-Holiday Levels While there was some relevant econ data today (ISM Manufacturing), it didn't have an obvious impact on the bond market. Nonetheless, volume was back at ...