While much of the nation deals with the severe cold, I received this note from a new loan officer in Oklahoma. “Rob, I overheard my secondary group talking about a ‘PITA’ price adjustment.
Bonds extended yesterday's selling streak in the overnight session, but not in an alarming or serious way. Momentum reversed at 9am without any clear catalyst apart from the technical ceiling at 4 ...
Solid Conclusion to a Solid Week Bonds benefited from a one-two punch of economic data and stock market weakness on Friday, ...
Back on December 18th, rates began the day fairly close to where they ended the previous day. In the afternoon, rates surged ...
Per the latest release from the Mortgage Bankers Association (MBA), both refinance and purchase indices decreased this week.
The Census Bureau released its New Residential Construction report this week, frequently referred to by its principal component "housing starts" (a term for the start of the first phase of new home ...
MBS are very close to their February 5th levels, which were the best since the morning of December 18th before the Fed announcement (and dot plot) caused a big sell-off. Today, it's econ data that's ...
The National Association of Homebuilders (NAHB) along with Wells Fargo released the monthly builder confidence index this week, and it came out much weaker than expected. With tariff and immigration ...
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