This week brings us the release of several important economic reports for the mortgage market to digest.  Monday kicks off with the release of March’s Personal Income & Outlays.  This report helps us measure consumers’ ability to spend and current spending habits, which is important to the mortgage market due to the influence that consumer [...]

CORPORATE EARNINGS SEASON AHEAD  This week brings us the release of five economic reports for the mortgage and bond markets to digest.  We are also heading into corporate earnings season which could lead to fluctuations in the stock markets.  If earnings come in lighter than estimates, the stock markets may fall, leading to an influx of [...]

FOMC MINUTES RELEASED ON WEDNESDAY  Tuesday’s bond market has opened in positive territory despite no relevant economic data scheduled for release today.  The stock markets are showing modest gains with the Dow up 3 points and the Nasdaq up 6 points.  The bond market is currently up 7/32, which will likely improve this morning’s mortgage rates [...]