Weekly Newsletter
NEWSLETTER ARCHIVE
- A Rare Week of Data Brings Friends and Foes For Rates November 7, 2025Rates are dictated by bonds and bonds take cues from economic data. But during the shutdown, the most important data has been on hold. This week brought a rare concentration of non-government data to help bridge the gap and bonds were more than willing to respond.
- Once More With Feeling: Mortgage Rates Moved Higher After The Fed Rate Cut October 31, 2025Not all rates are created equal and not all rates move in the same direction for the same reasons.
- The Fed is Cutting Rates Next Week, But Not Mortgage Rates! October 24, 2025The end of October brings the next Fed announcement and it is a 100% certainty that they will be cutting rates again. Many people believe this means lower mortgage rates. Many people are wrong.
- Mortgage Rates Aren't Too Far From 3 Year Lows October 17, 2025If we stopped paying attention at noon on Thursday, it was an uneventful week due to an absence of important economic data, a holiday closure, and a lack of volatility in the underlying bond market. After that, things got interesting.
- Lowest Rates Since Fed Day After New Tariff Escalation October 10, 2025After jumping quickly higher after the September 17th Fed announcement, rates were remarkably flat for more than 3 weeks. As of Friday, that's not quite as true as it was 24 hours prior.