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The latest Residential Construction report from the Census Bureau showed a noticeable drop in overall housing starts in May, ...
Mortgage application activity declined modestly last week despite a drop in rates, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index fell 2.6% on a seasonally ...
Builder sentiment declined for the second straight month according to the National Association of Homebuilders (NAHB) and ...
With Thursday being a federal holiday, banks (and more importantly, the underlying market for mortgage related bonds) were closed. This means that lenders were not able to update mortgage rates.
Much like the Friday after Thanksgiving, we have to wonder what the point is of a trading session without any neighbors ...
Fed Threads Needle of Apathy Today marked one of only 4 days of the year with an updated Fed dot plot. When it came out, ...
Solstice, and happy 50th birthday to the movie Jaws. Back then, for security, all we had to remember was where we hid our ...
It happens, but it's rare. A Fed "dot plot" day has come and gone with mortgage rates almost perfectly unchanged from the ...
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to ...
Today we hear from the U.S. Federal Reserve. We can expect no change to overnight fed funds. As pointed yesterday by Dr. Paul ...
Dot Plot in Focus With Fed's "No Cut" Announcement Bonds lost some ground after this morning's economic data, arguably in ...
Fed day is here and there's a 0% chance of a rate cut. That's been the case for just over a month due a combination of April's jobs report and the stock market recovery in May (or the underlying ...
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