In A Nutshell: Rates drifted higher last week following Fed Chair Warsh’s press conference and could remain volatile as oil prices drop on hopes of Iran peace talks and markets absorb the latest jobs market data. Upcoming Attractions The first week of the month always brings a slew of labor market d

Today’s housing market rewards patience over panic: With hundreds of thousands more sellers than buyers in the U.S., buyers in most of the country have time to peruse options and negotiate.  U.S. pending home sales fell to their lowest level since early April during the four weeks ending July 26, dr

Takeaway: Mortgage rates will largely stay the same for now as the Fed opts against hiking and says little about future plans. There was a historically high level of uncertainty going into this meeting, but ultimately, the Fed decided against hiking today because financial markets did their work for