In today's weekly mortgage application survey from the MBA, the average 30yr fixed mortgage rate only rose from 6.73 to 6.81% ...

"Buy the rumor, sell the news" is an age-old aphorism in financial markets for a reason.  It accurately speaks to the real ...

The bond market dictates day to day movement for all manner of interest rates, including mortgages.  On election night, bond ...

Does The Fed Still Matter? Bonds sold off overnight as the reality of Trump's victory became apparent.  Traders more or less ...

Breaking Down The Big Non-Fed-Related Rally As intraday charts give way to daily charts in the coming weeks, it will be all ...

Mortgage rates spent the entire month of October moving higher at a fairly quick pace.  Some of that had to do with stronger ...

Back to Uneventful Already? MBS are ending the trading day at almost perfectly unchanged levels--not the sort of thing one ...

You knew that Minnesota has 90,000 miles of shoreline, more than California, Florida, and Hawaii combined, right? Here at ...

Bonds Brace For Election Results It was an interesting round trip for the bond market today as overnight weakness gave way to ...

This morning's only relevant economic data was weekly jobless claims.  The headline was right in line with forecasts and the ...

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains Since earlier in the year ...

I went to a Vikings game with a friend and decided I wanted a drink. I wanted the big soda pop, but when I saw the price, I ...