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 ...

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 ...

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 ...

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

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

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

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

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 ...

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