Correlation between stocks and bonds is hit and miss depending on other factors. Before the age of more aggressive Fed intervention, it was more common to see yields move in concert with stocks. These ...

Fed Minutes Push Yields Higher As expected, the recent raft of hawkish Fed speakers foreshadowed (whether intentionally or coincidentally) a hawkish message in today's Fed minutes. At issue: "many" ...

It was a complicated day for mortgage rates.  Officially, at the time of this article, the average top tier 30yr fixed rate is a hair lower than it was yesterday.  But rates are based on bonds and ...

As I type these words, I am sitting in front of one of Chuck Berry’s early residences in St. Louis. STL has a good musical reputation, a fine mortgage association, a Fed that puts out great research, ...

With economic data being the most consistent source of motivation for rates, the market has been eager for it to return with ...

Modest Gains After Mid-Day Volatility With only a few exceptions, bonds have been a rudderless ship during the government shutdown. With the backlogged data returning in a slow and uncertain fashion, ...

Supposedly commercial air travel is back to normal, good for anyone coming in for the Mortgage Bankers Association of St. Louis event tomorrow and Thursday’s Mortgage Bankers Association of Kansas ...

The jobs report (for September) will be released on Thursday. It is the first major econ data to re-appear after the shutdown. Notably, that's because it was ready to publish at the time of the ...

Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so far ...

The bond market (which dictates rates) was roughly unchanged over the weekend. As such, it's no surprise to see mortgage rates right in line with Friday's latest levels. For the average lender, this ...

Its dog eat dog in the ranks of the FHFA and Fannie Mae & Freddie Mac. The question is, does anyone care, or is anyone ...

We've seen a clumsy, confused return of various economic reports this morning (several reports were no previously announced with rescheduled release dates). Thankfully, the surprise releases were not ...