Yellen Says Weak Job Market Shows U.S. Still Needs Stimulus
Federal Reserve Chair Janet Yellen told lawmakers the central bank must press on with record monetary stimulus to combat persistent...
Smarting over Fines, Chase will Reduce FHA Lending
JP Morgan Chase appears to be questioning the wisdom of remaining an FHA lender. The company's Chairman and CEO, Jamie Dimon, made...
Mostly Sideways After Inconsequential Data and Yellen's Round 2
Ah round 2! After a relatively civil and infinitely more relevant chat with the Senate Banking Committee, Fed Chair Yellen is now...
MBS Day Ahead: Jobless Claims, Last Auction, and More NFP Reflections
Let's do the same thing we did yesterday and get the daily analysis out of the way in one paragraph so I can wrap up the "NFP...
Mortgage Rates Scratch Out Modest Gains After Fed Minutes
Mortgage rates improved again today, but it wasn't exactly a straight line to success. In fact, the underlying bond markets that...
Price Increase Reflects Shift to More Costly Homes
RealtyTrac reports a very large increase in the median price of a home sold in the U.S. in May compared to the median price in April. ...
New Streamline. May 2009 Endorsement FHA Refinance Program
Mortgage rates were slightly lower today, but did not move much from yesterday's latest levels. Some lenders are even in slightly higher...
Fed Dots Ignored as Investors Focus on Yellen’s Message
Investors trying to anticipate Federal Reserve interest-rate policy are ignoring the dots and focusing on Chair Janet Yellen’s words. Fed...
4 Reasons to Rally Lift Bond Markets
Weaker data, slumping stocks, Iraq, and an awesome 30yr Bond Auction all helped Treasuries and MBS by varying degrees today. Read More
