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 ...

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 ...

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

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

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

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 ...

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

Modest Resistance, But No Big Bad Correction Unless Friday's Consumer Sentiment data manages to surprise in some completely ...

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There is special providence in a 50bp Fed rate cut. If it be now, 'tis not to come (until the next Fed meeting perhaps). If ...

“Q: What does a dyslexic pirate say? A: RRRRRRA!” Humor aside, many in our industry have faced adversity, dyslexia and more, and I received this note: “Rob, I really enjoyed Robbie’s interview with ...