Stronger Start, Weaker Finish Bonds had a fine morning with overnight gains bringing yields in line with the lowest levels of ...

Mortgage rates reached their highest level of the week on Wednesday and haven't really moved since then.  Technically each ...

Granted, we were by no means looking for big things from this morning's Durable Goods data, but somehow it still managed to ...

A herd of cows broke into a Colorado weed farm. Police and animal control are on the scene, and the steaks are high.” This ...

Better Balance, Finally In the context of the first 3 days of the week, bonds pulled off a miracle today.  Most of the yield ...

Mortgage rates have risen every day since October 15th and some of the jumps have been fairly big.  That followed an even ...

Thursday morning brought the week's only arguably important economic data in the form of Jobless Claims and S&P's PMIs.  Both ...

Search for Mortgage News Daily in the Apple or Google app store. Make sure to set up notifications.

We just said that investors are paying 102% of the face value of a bond in certain cases right? So what happens if they are not interested at that price any more? No more liquidity for the ...

When people want to buy something now, but don’t have (or don’t wish to spend) the cash to buy it outright, they can instead use a loan (aka financing, borrowing, debt). This typically ...

Why Would Rates Care About a One-Party Sweep? Our morning commentary resulted in widespread questions regarding the "red ...

Mortgage rates have been moving two directions recently and both of them are "up."  Only the pace changes.  Today's pace was ...