Mortgage application activity rebounded last week as a moderate decline in mortgage rates provided some relief for both ...
First, the bad news: mortgage rates ended the day just a hair higher compared to Thursday, but the change was so small that ...
Thursday was a fairly straightforward session for bonds. Yields fell modestly overnight in response to slightly lower oil prices and then more forcefully after the cooler-than-expected PPI data.
Mortgage rates dropped noticeably on Thursday on a combination of lower oil prices and a lower inflation reading via the Producer Price Index (PPI). Rates are driven by bonds and bonds are highly ...
Borrower trust is up. Keeping it is another story. J.D. Power’s 2026 U.S. Mortgage Servicer Satisfaction Study found that 86 percent of borrowers are likely to use their current servicer again. That’s ...
If nothing else, this morning offers confirmation of just how nervous the market is about inflation. The producer price index barely beat its forecast (in fact y/y CORE PPI was on the screws), but ...
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Mortgage lenders set rates around 10am ET every day, but the bond market dictates the day to day changes, and bonds were on the move throughout the overnight trading hours. Granted, the movement ...
Bonds End Flat After Front-Running The Decent Data We absolutely hate the term "front-running" because it can be perceived as connoting some measure of clairvoyance on the part of the bond market. To ...