What's Up With Today's Paradoxical Fed Reaction? Tough day for the casual observer to try to make sense of what happened.
Heading into today's Fed announcement, futures markets indicated roughly a 1 in 3 chance that the Fed would hike rates. They ...
Search for Mortgage News Daily in the Apple or Google app store. Make sure to set up notifications.
The Federal Open Market Committee approved the following statement for release by a 12 9 – 0 3 vote: The Committee decided to ...
Any time you see us write MBS, or anywhere else for that matter, we're always going to be referring to Mortgage Backed Securities. These are the securities comprised of groups of similar mortgages, ...
Those who understand what they do not manage, and those who manage what they do not understand.” Even if you’re a 90-year-old ...
The big news over the weekend was that the U.S. and Iran paused hostilities--something that led to 2 solid days of gains in ...
Giving Peace (And Bonds?) a Chance Granted, it may be far less promising than some of the more conclusive headlines that led ...
Does innovation in lending always means building something new? MISMO’s President Brian Vieaux challenges that familiar ...
Once again, bond yields dropped in the overnight session in concert with lower oil prices. Today's iteration is less swift ...
Compared to Oil, Yields Not Quite as Willing to Drop While the moment-to-moment correlation between bond yields and oil ...
After bottoming out around 6.5% in late June, mortgage rates moved steadily higher this month, ultimately hitting 6.85% last Thursday--the highest level in over a year. There was a modest recovery on ...