Mortgage rates officially hit the highest levels since May 2024 yesterday, even though the average was almost imperceptibly ...

Broad, Negative Momentum is Masking Normal Market Movers Tuesday featured a much weaker PPI report that failed to inspire any ...

The Producer Price Index (PPI) may not be nearly as much of a market mover as the Consumer Price Index (CPI), but it has proven capable of producing logical reactions in the past when it's come in ...

The older I get, the earlier it gets late.” It was early to bed last night for me, early to rise, since today we are heading ...

After last Friday's jobs report, the evaporation of Fed rate cut probability has been a common refrain.  While it's true that ...

Mortgage rates rose to the highest levels since May 2024 by the end of last week following a stronger reading on the jobs ...

Bonds Calmed Down After Early Weakness This week's relevant economic data is concentrated over the Tue-Thu time frame with ...

An economics professor was walking with a student when the student looked down and said, ‘Look! A $50 bill!’ The professor ...

Jobless claims data is normally a Thursday affair, but Federal economic data is not being released tomorrow due to the Jimmy ...

"it is what it is" sort of years for activity in the mortgage market.  There were signs of hope over the summer months as ...

Mortgage rates are driven by movement in the bond market and bonds were on a shortened schedule today due to the federal day ...

Mortgage rates were already at 6 month highs earlier this week so it didn't take much of a push to send them up to new 7 ...