Minimal Selling Leaves Focus on CPI The first order of business this morning was to reconcile the weaker NFP reading with the seemingly illogical bond market sell-off.  That was easy enough to do by ...

Friday brought the release of the big jobs report which is historically more likely than any other monthly economic report to ...

The San Diego Padres visited an orphanage in Mexico. ‘It's really sad to see their faces with no hope,’ said Juan, age 9.” In ...

As always, the jobs report matters. Today, we're seeing an obvious reaction to a fairly minimal miss (143k vs 170k f'cast in ...

As we discussed heading into the weekend (and the likely official tariff announcement), the only recent, conclusive track ...

Yesterday was notable for being the first day in more than a week to offer any excitement for rates.  More notably, that ...

We've compiled mortgage rate and origination data from New Hampshire to give you an idea of where other borrowers are at. This data is based fixed rate, conforming loan data from Fannie Mae and ...

Coming off yesterday's solid rally, the bond market underwent a modest correction in the overnight session.  Most of the ...

Nice Win For Bonds With Help From Data There are plenty of moving pieces at the moment when it comes to assigning credit for ...

There are two main styles of measurement when it comes to keeping track of mortgage rates: daily and weekly.  Sometimes, the ...

To say the very least, there are more moving pieces to consider at the moment when it comes to the narrative guiding volatility and momentum in the bond market. Tariff and policy-related headlines ...

The recent absence of volatility in day-to-day mortgage rate movement has been an easy target for light-hearted indignation ...