Oil Impact Ultimately Shunned in Favor of Jobs Report Implications It was a super interesting day for the bond market. Yields ...

Before this morning's jobs report was released, mortgage rates were on track to end the week at their highest levels in ...

Officially winter ends on 3/19, as the Spring Equinox is 3/20. Most modern clocks these days auto-update when daylight ...

It's shaping up to be a frustrating day market watchers. Decades of experience tells us that bonds should rally fairly sharply on a day where nonfarm payrolls miss the forecast by the widest margin in ...

Dueling Narrative Leave Yields Higher Ahead of Jobs Report In the overnight session yields followed oil prices higher, but notably, Treasuries continued to sell even after oil leveled off. Then during ...

Economic data is one of the few consistent sources of motivation for interest rates in the mortgage world and beyond. In general, stronger data tends to push rates higher and vice versa. But in ...

Here in Park City, at the annual mortgage ski trip, some of the banter is social, and some is focused on business. On the business side of things, one topic is the nearly 1 million people impacted by ...

We'd already discussed the fact that PPI has fallen by the wayside as a relevant market mover for bonds despite one or two ...

After 2 days of much higher volatility at the open, bonds are roughly unchanged so far this morning and the overnight session was noticeably calmer. Today's big ticket data includes ADP Employment and ...

At the Optimal Blue Summit going on now, sessions range from AI to loan officer tools to market strategy, product unveilings ...

After spending the entirety of last week calmy holding the lowest levels in more than 3 years, mortgage rates jumped sharply higher yesterday. That said, everything's relative. Even after that "sharp" ...

This is the problem with narrow trading ranges. Yesterday, yields were safely inside a narrow range near long-term lows.