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 ...

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 ...

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

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

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 ...

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 ...

What Matters in Wednesday's Fed Announcement? The ongoing disagreement in the market regarding the size of Wednesday's Fed ...

“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 ...

This morning's Retail Sales headline was stronger than expected, but the sub-components (analogous to something like core CPI ...