"Buy the rumor, sell the news" is an age-old aphorism in financial markets for a reason.  It accurately speaks to the real ...

Many believe, and with good reason, that there will be some turnover at the CFPB coming up. Here are the pay grades if you’re ...

MBS are ending the trading day at almost perfectly unchanged levels--not the sort of thing one might expect on what has been ...

The bond market dictates day to day movement for all manner of interest rates, including mortgages.  On election night, bond yields (another word for "rates") spiked as soon as traders felt the ...

You knew that Minnesota has 90,000 miles of shoreline, more than California, Florida, and Hawaii combined, right? Here at ...

Breaking Down The Big Non-Fed-Related Rally As intraday charts give way to daily charts in the coming weeks, it will be all ...

This morning's only relevant economic data was weekly jobless claims.  The headline was right in line with forecasts and the ...

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains Since earlier in the year ...

Mortgage rates spent the entire month of October moving higher at a fairly quick pace.  Some of that had to do with stronger ...

I went to a Vikings game with a friend and decided I wanted a drink. I wanted the big soda pop, but when I saw the price, I ...

There's a distinct risk that, even in the financial community, that people will look back on today's drop in interest rates and conclude it must have something to do with the Federal Reserve's latest ...

In today's weekly mortgage application survey from the MBA, the average 30yr fixed mortgage rate only rose from 6.73 to 6.81% ...