Financial media have been talking up May's jobs report all week, so nobody's in doubt about its importance. Its data may not help mortgage rates.
Homeowners have record levels of equity. And many are tapping theirs using HELOCs, according to a new study. Yes, we're seeing a HELOC boom.
Markets are concerned about section 899, a provision buried in the tax and spending bill. But are they overreacting?
Have markets finally begun to take economic data seriously again? Yesterday's appreciable fall in mortgage rates suggests it might.
Markets are so fixated on tariffs and deficits that they barely notice economic data. Might that change with Friday's jobs report?
Friday's jobs report could set the tone for future changes in mortgage rates. But deficit and tariff news could be even more influential.
Market's won't pay attention to economic data. Will they listen to one of Wall Street's biggest names?
Today's PCE price index sometimes moves mortgage rates. But will it this time amid markets' obsession with tariffs and deficits?