If yesterday was marked by incidental weakness, today is shaping up to be the opposite.  In fact, yields and MBS prices are ...

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

Incidental Weakness or a New Trend? The most interesting thing that happened in the bond market today involved trading levels ...

Mortgage rates are as high as they've been on almost any other day this month.  You'd have to go back to August 1st to see ...

Summertime trading conditions tend to amplify trading motivations that might otherwise get lost in the shuffle. This morning, ...

Weaker Conclusion But No Major Big Picture Implications Despite much stronger revisions and a modestly stronger core retail ...

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

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

Friday morning's highlight is the Retail Sales report which came in at a respectable 0.5 vs 0.5 headline. Core retail sales ...

Bonds Hold The Range Despite More Data-Driven Volatility At 0.9, not only did today's PPI crush the 0.2 forecast, but it's ...

Mortgage rates hit fresh long term lows yesterday with the average top tier 30yr fixed rate at the best levels since October ...

I somehow managed to make it through high school math while only being able to remember even numbers. What are the odds?!” As ...