News

Correction Starting to Level Off? Even though very little changed during the course of the trading day, one potentially ...
Bad news first: mortgage rates have been moving steadily higher in July with the average top tier 30yr fixed scenario rising ...
Amid a complete absence of actionable economic data in the new week, stocks and bonds have been left to focus on new ...
Today brought the hotly anticipated jobs report.  This is the "official" job count and unemployment rate data for the U.S. and no other report has as much consistent power to cause volatility ...
Apart from the fact that this morning's jobs report contrasted starkly from the slew of anecdotal evidence suggesting a weaker labor market in June, the morning has proceeded almost exactly as ...
ADP employment was this morning's key economic report and it came out sharply weaker than expected (-33k vs 95k f'cast). There are many past examples of a "miss" of this size prompting a swift ...
Big Market Reaction but Mortgages Outperform Today's jobs report would have been bad for rates if it was even in line with expectations.  After it came out stronger than expected (especially ...