💡See also: Mortgage Tidbits (below). While many expected U.S. inflation to rise in December—once the government resumed normal data collection after the 43-day government shutdown—core came in one tick lower than expected. The surprise gave markets more confidence that the Fed’s next big move is to

💡Stay tuned Tuesday for the newest Rate Simulation results. Yields popped early in the day thanks to the latest Trump–Powell episode. Traders sobered up by lunchtime, dragged rates back down, and left them hovering just above unchanged. While Monday’s headlines were heavy on political noise, markets now await

With oil prices near 4+ year lows, many rate-watchers are pondering what that means for mortgage rates. The reality is it's a complex relationship. Oil price moves aren't “good” or “bad” in a consistent way. Whether oil causes monthly payments to shrink or swell boils down

The BoC held the line on rates this morning, and nobody had to feign astonishment. Heading into the decision, overnight swaps were pricing a 94% chance of no move, leaving the remaining 6% for the people who still bet on lottery tickets. "Employment has shown solid gains in the