Mortgage rates have generally been falling since May 21st and have done nothing but move lower for more than 2 weeks.  That ...

ADP employment was this morning's key economic report and it came out sharply weaker than expected (-33k vs 95k f'cast). There are many past examples of a "miss" of this size prompting a swift rally ...

Traders Buy The Dip After AM Data After a bit of overnight strength and an early morning pull-back, bonds were right in line ...

The closer you get to the end, the faster it goes.” Just like that, 2025 is half over. With it have come changes at the GSEs, ...

April 3rd and 4th saw the average top tier 30yr fixed mortgage rates well into the "mid 6's."  Many lenders were able to ...

Steady Gains in the PM Hours It's common to see the effects of month/quarter-end trading most prominently in the PM hours and ...

It's been 88 days since the average 30yr fixed mortgage rate was as low as it is today--close enough to 3 months.  Some lenders may be higher or lower than they were yesterday depending on whether or ...

New Home Sales fell sharply in May according to the latest report from the U.S. Census Bureau and HUD. After a brief surge in ...

The average top tier 30yr fixed mortgage rate had already dipped to the lowest levels since May 1st at the start of the week.

The National Association of Realtors' Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has ...

Two months ago, existing home sales reached the highest levels in a year according to the National Association of Realtors.

Bonds are slightly weaker to start the final trading day of the week, but that has nothing to do with this morning's PCE data ...