Home sellers didn’t stand as much chance of enjoying a bidding war for their properties last month. So reports MarketWatch.

Bill Bodnar from the Mortgage Market Guide recaps the week, discusses what's ahead during the week of Labor Day and why mortgage backed securities are in a sideways to lower pattern.

Refinancing levels reached new three-year peaks while overall mortgage applications declined in the most recent week, as tracked by the Mortgage Bankers Association. So reports Reuters.

Bill Bodnar from the Mortgage Market Guide recaps the week, discussing the inverted yield curve, recession fears, and future Fed rate cuts.