In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues from certain economic reports, weeks like this one can be frustrating or boring.  Until ...

Today is the only day of the week with any economic reports that are relevant to bond market movement. The results are in, and bonds aren't thrilled.  Jobless Claims and the Philly Fed headline helped ...

For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous day.  Over the ...

I asked a German girl if Germans are afraid of numbers. She said 9!” Numbers make up the bond market, and a steeper yield ...

Mortgage application activity eased last week, but not in a statistically significant way.  One might be inclined to note a ...

Almost No Reaction to Fed Minutes As expected, today's Fed Minutes (a more detailed account of the meeting that took place 3 weeks ago) had very little impact on the bond market. Markets honed in on ...

Mortgage rates are based on bonds and bonds, and bonds have some seasonality to them.  This doesn't necessarily mean there's ...

The latest Residential Construction report from the Census Bureau showed a sharp rebound in July, with overall housing starts ...

Apologies first! Yesterday I mistakenly wrote, “ARMs now account for nearly 50 percent of applications…” Thank you again to ...

Builder sentiment remains deeply subdued, as the National Association of Home Builders (NAHB) and Wells Fargo’s Housing ...

The difference between me and Superman is that he has super vision. I require supervision.” We’re halfway through the third ...

Friday proved to be the weakest day of the week for the underlying bond market and, thus, the highest day of the week for ...