Why do ducks have feathers? To cover up their butt quacks. Why did Congress pass a three-month, stopgap funding bill? To ...

“When a woman says, ‘What?’ it’s not because she didn’t hear you. It’s because she’s giving you a chance to change what you said.” Things are always a changin’. Now the press is ...

Not as Bad as it Could Have Been After Wednesday's Fed-driven sell-off, it was unlikely if not impossible that bonds wouldn't ...

If anyone needed any further convincing that a Fed rate cut is no guarantee of lower mortgage rates, today is a great piece ...

We received some anonymous feedback regarding recent rate commentary that serves as a good reminder that not everyone may be ...

This week's biggest to-do in terms of economic reports was this morning's PCE inflation data.  The fact that the Fed just ...

Calm and Resilient as Bonds Wait For Powell and The Dot Plot Whereas last week saw the bond market continue selling off ...

Number progressions can be deceiving and surprising. Thank you to Eric D. who reminded me of “The Wheat and the Chessboard” ...

The National Association of Home Builders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month. The ...

Mortgage rates have been having a much calmer week compared to last week.  Monday brought a modest decline versus last Friday ...

Fairly Uneventful Follow-Up to Fed Day Considering everything that transpired yesterday, today's follow-up was about as calm ...

Heading into the first part of December, mortgage rates were at their lowest levels in a month and a half.  Much of the ...