Decent Gains Remain Intact; Stock Market Contribution is a Wild Card The rescheduled release of the September jobs report played out exactly as we expected in terms of bond market impact. Volumes surged to the hi... (continue reading)

Yesterday, we discussed the fact that mortgage rates were heading into Thursday with a disadvantage (for most lenders, anyway). This had to do with the fact that lenders prefer to avoid changing rates in the middle of the day (unless bond market movement is big enough to force their hands) and the fact that bonds had weakened just enough for len... (continue reading)