Demographics matter. Although I am sending today’s Commentary out from a Dunkin’ near Columbus, Ohio, yesterday I found ...

The morning has been both straightforward and interesting.  The straightforward part involved a moderate sell-off following ...

While there's been plenty of movement in the average mortgage rate on any given day recently, today was not one of them. 30yr ...

It's not entirely clear if it's a can or the proverbial bucket. All we know is that mortgage applications have been kicking ...

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 ...

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

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

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 ...

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

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