Mortgage rates stabilized today after spending the past 2 days moving modestly higher. In general, rates moved almost exclusively lower last week in response to concerns over the omicron variant. With several news stories acting to temper those concerns, the current week has essentially been a push back in...

Losses Continue for Treasuries, But Not MBS Treasury yields were set to start the day lower before upbeat omicron news hit at 6:45am this morning. With that, a day of weakness was set in motion. Yields moved higher until noon before investors figured we'd seen enough to facilitate strong bidding a the...