by Jacob Lilley | Nov 5, 2021 | Blog, Mortgage Rates
This week, the Fed announced a reduction in its bond buying. In separate news, the big jobs report was much stronger than expected. Both of these events should have pushed rates higher. So why didn’t they? Let’s start with the Fed and its bond buying... by Jacob Lilley | Oct 29, 2021 | Blog, Mortgage Rates
For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market’s knee-jerk response to the realization that the Federal Reserve would be winding down its bond purchase program. With the Fed... by Jacob Lilley | Oct 22, 2021 | Blog, Mortgage Rates
Over the past 30 days, interest rates have risen sharply. This is true for both mortgage rates and bond market benchmarks like 10yr Treasury yields. But another version of the 10yr Treasury yield continues to operate near all-time lows. How can rates simultaneously be... by Jacob Lilley | Oct 15, 2021 | Blog, Mortgage Rates
After a calm summer at historic lows, interest rate volatility has ramped up heading into the fall. What are rates worried about, and is this just the beginning of more drama? In a word: maybe! Because they’re based on bonds, rates are always worried about... by Jacob Lilley | Oct 8, 2021 | Blog, Mortgage Rates
It goes by many names: The Employment Situation, Nonfarm Payrolls (NFP), or simply “the jobs report.” No matter what you call it, the Labor Department’s massive collection of employment statistics is one of the most important events for the bond...
