News

Jackson Hole Speech Delivers Powell's Jackson Hole speech was this week's only big ticket in terms of market movement ...
Heading into the week, Fed Chair Powell's speech at the Fed's annual Jackson Hole Symposium was only event on the calendar ...
Today's Jackson Hole speech gave Fed Chair Powell an opportunity to adjust his stance in light of much weaker jobs report ...
A few years back someone told me, “Two lenders merging in this environment is like two drunks outside a bar holding each ...
Some Headwinds Ahead of Powell's Jackson Hole Speech Thursday brought the week's only relevant econ data with 3 occasional ...
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues from certain economic reports, weeks like this one can be frustrating or boring.  Until ...
Today is the only day of the week with any economic reports that are relevant to bond market movement. The results are in, and bonds aren't thrilled.  Jobless Claims and the Philly Fed headline helped ...
Almost No Reaction to Fed Minutes As expected, today's Fed Minutes (a more detailed account of the meeting that took place 3 weeks ago) had very little impact on the bond market. Markets honed in on ...
For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous day.  Over the ...
Mortgage application activity eased last week, but not in a statistically significant way.  One might be inclined to note a ...
By now, we've already said quite a bit about this week's scarcity of scheduled events with the power to motivate meaningful changes in the bond market. With that being the case, one might ...