Mortgage rates haven’t budged after the jobs report 

Mortgage rates remained flat following a jobs report on Friday that continued to show a cooling…

Is the Fed behind the curve with this labor market?

In 2022, I argued that the Federal Reserve won’t pivot until the labor market breaks. This…

Considering the jobs report, is the Fed risking a recession?

The Federal Reserve won’t pivot on rates until the labor market breaks and it will keep…

The Fed is winning its war against the labor market. What does that mean for rates?

From BLS: Total nonfarm payroll employment increased by 206,000 in June, and the unemployment rate changed…

US job creation moderated in June

Job creation slowed in June, despite continued tight labor market conditions, which economists say is good…

This is a big week for housing, jobs and mortgage rates 

10-year yield and mortgage rates  As we approach a crucial week for mortgage rates, the 10-year…

Labor market report is good news for mortgage rates

So where does this leave us? Let’s look at my labor economic model that started on…

The labor report gives the Fed a clear pathway to land the plane

The 10-year yield has had a wild ride today, but now is an excellent time to…