Modestly Weaker But Ultimately Uneventful In terms of the realized volatility relative to potential volatility, this week ...

Someone asked me if I had plans for the fall. It took me a moment to realize they meant ‘autumn’ and not the fall of ...

Wednesday's Fed rate cut was the worst kept secret in the financial world for months, and the 50bp rate cut was increasingly ...

Credit where credit is due: the rate market did an outstanding job of getting out in front of the Fed rate cut as well as the changes to the Fed's rate cut outlook as communicated in the summary of ...

We publish daily coverage of mortgage rate movement and have done so for nearly 20 years now.  It's a great place to quickly ...

Today's release of Freddie Mac's Primary Mortgage Market Survey took at bad problem and made it worse. Freddie's survey ...

MBS Easily Outperform Longer-Term Treasuries Few market watchers would have guessed that MBS would have held almost perfectly ...

Bonds Lose Ground Despite Larger Fed Rate Cut The Fed was either going to cut 0.50% or 0.25% today.  It opted for the larger ...

The post-Fed overnight session was surprisingly calm.  In fact, relative to the magnitude of yesterday's events and ...

Mortgage rates have fallen nearly 2% from last year's peak.  Much of that decrease can be viewed as the normal phenomenon of ...

The  new week began on a relatively quiet note in terms of mortgage rate movement and the underlying bond market.  There was ...

While it's true that there have only been 8 business days so far this month, it's also true that today is the only one of the ...