News

More Ground-Holding Despite Weird Intraday Spike This morning's commentary led with our desire to avoid jinxing this week's ...
We don't want to jinx it, but this is turning out to be an uncommonly calm week of trading compared to other post-jobs-report ...
Although there were flashes of potential volatility in the underlying bond market at times today, mortgage rates made it through unscathed.  In other words, the volatility wasn't sufficient to force ...
Mortgage rates are driven by movement in the bond market and bonds take cues from economic data, among other things. The ...
Yesterday saw the average 30yr fixed rate fall back in line with levels from early October, 2024. This happened for two ...
Bonds Hold Steady After Modest Data-Driven Rally Today's (and to be fair, this week's) only major econ data--ISM ...
An economist’s left leg is on fire, and his right leg is frozen. He says, ‘On average I'm perfectly fine.’” For those out ...
Every month, we offer the same old warning/reminder ahead of the big jobs report--something to the effect of "no other ...
The ISM Services Index is/was easily this week's biggest ticket in terms of scheduled economic data. It was mostly OK for ...
Bond Traders Quickly Revise Their Bullishness "Revision" is the word of the day as every armchair economist struggles to ...
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has ...