Running a mortgage company, turns out, isn’t free, and lenders are trying to cut costs and increase efficiency everywhere.
Unemployment Not High Enough For a Full-Fledged Rally If the only metric from this morning's jobs report was the uptick in ...
There was a decent chance that rates would have made a fairly big move today in response to the release of November's jobs ...
If there was one metric in this morning's data that should be helping the bond market, it's the uptick in the unemployment rate from 4.4% in September to 4.6% in November (a new cycle high). This is ...
Fairly Calm Monday. Jobs Report on Deck Monday ended up being a forgettable December trading day with modest overnight gains ...
Mortgage rates were just slightly lower to start the new week. This leaves the average lender's top tier 30yr fixed rate almost dead center in the narrow range that's been intact since early September ...
Mortgage rates were surprisingly steady on Tuesday with most lenders roughly in line with Monday's levels. Why surprising? ...
What happened with the DSCR appraisal issue in Baltimore earlier this year?” Good question. Baltimore is not alone: This week ...
The Bureau of Labor Statistics (BLS) is responsible for the two most important economic reports to the bond market: The ...
The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two ...
Bonds were modestly weaker overnight, but have moved back into positive territory after this morning's Employment Cost Index ...
Wednesday is All About Dot Plot and Powell Bonds lost ground moderately and logically on Tuesday in response to the JOLTS ...