The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight.  Weaker ...

Incidental, Inconsequential Weakness Ahead of Fed Week Bonds began the day in modestly weaker territory and yields are ...

Bonds began the week with 10yr at 4.07 before rallying down to 4.04 by Monday's close.  Now on Friday, we're opening at 4.06 ...

Rob, we’ve said ‘no’ to more expansion possibilities than ever before. Are you hearing other lenders doing deep dives on LOs ...

All I know is what I read in the papers,” Will Rogers quipped. In news in the papers from our Census Bureau, AI use at large ...

Mortgage applications jumped 9.2% last week, according to the Mortgage Bankers Association’s survey for the week ending ...

Wednesday brought the first of this week's two key inflation reports. While the Producer Price Index (PPI) is the lesser of ...

Today's inflation report (the Consumer Price Index or CPI) certainly had a chance to create volatility for rates, but things ...

Very Calm Reaction But Not Too Surprising One could argue that CPI is the next biggest potential market mover after the jobs ...

It's an interesting morning for economic data and the bond market's reaction.  At face value, CPI was mostly in line with ...

More Gains Despite Absence of New Motivation There's not much to say about Monday other than "we'll take it!" Despite an ...

Tomorrow I head from Boise to Jackson for the Mississippi Mortgage Banker’s Fall Conference. Certainly a topic in my email in ...