When I was young man, I met a girl in Tennessee who turned out to be a moonshiner’s daughter. That was a long time ago. But I ...

Bonds managed a moderate rally in response to this morning's inflation data.  While it has since been mostly erased, it was ...

Bonds sold off on Tuesday both during the domestic session and in the overnight hours leading up to it. Motivations are a ...

What would lenders do without telephones and phone calls? In 1947 area codes were created by AT&T. Metropolitan areas were ...

In the run up to the election, we offered constant reminders that a 10bp move in Treasuries wasn't really a big deal, and ...

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

Many believe, and with good reason, that there will be some turnover at the CFPB coming up. Here are the pay grades if you’re ...

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

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

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

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

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