Mortgage Rates Inch Slightly Lower
No Drama Today. How About Tomorrow? After a slightly bumpy start for reasons that remain unknown, the bond market settled into an uneventful sideways grind that lasted through the 3pm CME close. Both MBS and Treasuries were effectively unchanged and the latter d
Mortgage Rates a Hair Lower to Start The Week
Gentle Rally Gently Reverses After Trade Headlines First thing's first: bonds closed in stronger territory and retained most of the gains that were present in the AM hours. But they would have done just a bit better if not for a handful of newswires that h
Application Demand Ebbs For Both Purchases and Refis
The Mortgage Bankers Association’s (MBA) latest survey showed a pullback in mortgage applications, with rates dipping slightly after a three-week climb. The week’s numbers were also affected by the Memorial Day holiday, contributing to larger unadjusted declines. Still, the broader trend remains int
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