Rates also took a breather after three weeks of consecutive increases
As broadly predicted, the Fed hiked the benchmark interest rate this week. But what does that mean for originators?
The stock market opened strong this morning, and MBS were up 6 basis points from Friday's close. This and more in today's rate snapshot
The market is focused on the authorization of limited airstrikes in Iraq and the continuing situation in Ukraine. Meanwhile, Q2 productivity was up more than expected. This and more in today's rate snapshot
Weekly jobless claims, expected to be up, fell 14,000. Meanwhile, the Russia/Ukraine situation continues to worry investors, who are hedging against further developments. All this and more in today's rate snapshot
Global stock markets were weaker this morning on increased tensions in Ukraine, and the June trade deficit was at -$41.5 billion, better than economists' expectations of -$45.1 billion. All this and more in today's rate snapshot
Although rates rose last week, more people were applying for loans, and the refinance share grew
U.S. stock indexes rallied yesterday, while June factory orders were up 1.1%, beating projections of 0.6%. This and more in today's rate snapshot