Calm Day to End A Calm Week While Friday itself may not have resulted in a rally for the broader bond market, it was ...

It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr fixed rate moved by 0.02% or less.  This is a small enough change that the average borrower wouldn't see ...

There are two big picture inflation reports in US that address consumer prices: CPI and PCE. Of the two, PCE is broader and more highly regarded by policymakers. The downside is that it comes out ...

Not that this week's economic calendar is especially robust, but Wednesday's offerings are especially light. There are no ...

Steady Gains After Slightly Weaker Start Bonds began the day in slightly weaker territory, but not for any particular reason ...

Mortgage rates tend to move at least a little every day although they haven't been moving too much in the bigger picture ...

Generally Exciting, But Specifically Boring Heading into the present week, it was incredibly unlikely that we'd see any exciting volatility in the bond market this week.  At the very least, we knew ...

There is no singular, official primary source for mortgage rate levels. The going rate is whatever can be locked/closed at any given lender. As such, we rely on surveys and data aggregations in order ...

Mortgage application activity was little changed last week, with only a fractional decline in overall volume. The Mortgage ...

The latest New Home Sales report showed little change in July, with sales holding very close to June’s pace. The ...

Last week may have ended on a high note with bonds rallying on Powell's Jackson Hole speech, but perception was better than ...

The MND Rate Index is the best way to follow day-to-day movement in mortgage rates. Unlike mortgage rate surveys, our index is driven by real-time changes in actual lender rate sheets. This has ...