After hitting 5.99% as recently as February 27th, top tier 30yr fixed mortgage rates are back over 6.5% for the average lender today--the highest they...
New home sales took a notable step back in January, reversing much of the prior month’s strength and highlighting the volatility that often defines th...
The FHFA announced that Fannie and Freddie will remove ‘certain’ homeowners insurance requirements which may reduce costs. But what are people saying ...
NOTE: the rates discussed in this article are from MBA's weekly survey and pertain to last week. This week's rates have already moved significantly h...
Builder confidence ticked slightly higher in March according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI...
In the space of 2 days, central banks have completely stolen the spotlight from energy prices, but they have relied on energy prices to do so. More si...
At almost any moment in March 2026, a glance at the "10yr vs oil price" chart has revealed sufficient correlation to blame the bond rout on the energy...
Mortgage rates got hit 3 times on Wednesday, with the net effect being a move back up to the highest levels in several months. The average lender isn'...
Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has sh...
Among the hot topics in the hallways of the ICE Experience is the evolution in data contained in each lien, along with massive appraisal change hittin...
The Producer Price Index (PPI) was this morning's only big ticket econ data and calling it "big ticket" is a bit of a stretch. PPI often passes withou...
It was a fairly uneventful day for mortgage rates, but also a fairly decent one. The underlying bond market made modest gains even without meaningful ...
Products, Services, and Software for Brokers and Lenders The average person makes more than 35,000 decisions a day. Most are inconsequential: coffee...
Until the end of the Iran war, bond traders are keeping oil prices on their screens and comparing oil price movement against bond market movement as t...
Mortgage rates are based on bonds, and bonds spent last week bracing for the impact of higher energy prices. In the bond world, higher inflation beget...
Products, Services, and Software for Brokers and Lenders “Great News! LendingPros has Pipeline Accelerator Specials for March, check them out. Plus,...
With no massive escalation in Iran over the weekend, oil prices trickled only modestly higher during Asian trading hours and began to recover during E...
March hasn't been a great month for mortgage rates and the past 3 days have been particularly bad. During that time, our daily rate index went from 6....
Mortgage application activity continued to move higher last week, though the pace slowed considerably as financial markets turned volatile and mortgag...
Existing-home sales rebounded modestly in February, recovering some ground after January’s sharp pullback, while improving affordability and slowly ex...
Products, Services, and Software for Brokers and Lenders Increase Your Business with Renovation Loans! Renovation lending is one of the biggest oppo...
There's a high bar for econ data to have any impact on bonds these days and that's especially true of inflation reports like this morning's PCE. Thank...
Mortgage rates are driven by the bond market. Although bonds only experienced moderate, steady weakness throughout the day, mortgage rates lurched hig...
The bond market doesn't look like it can catch a break as long as war persists in Iran. If it's not oil, it's fertilizer, nat gas, military spending, ...
Products, Services, and Software for Brokers and Lenders Home equity lending is having a moment. The challenge for many lenders? The process behind ...
Mortgage rates moved higher on Wednesday despite only a modest increase in oil prices. The latter is currently a part of any conversation about intere...
Technology is a two-edged sword. Have you ever heard of “surveillance pricing?” “Big brother” knows a lot about you. Ridesharing companies like Uber, ...
There was a very high bar for today's CPI to cause any serious market reaction due to all the new inflationary impulses that may be created by record ...
Today's mortgage rates are lower when compared to yesterday's average prior to 4pm ET. Later in the afternoon, multiple lenders announced improvements...
Products, Services, and Software for Brokers and Lenders What if the biggest driver of servicing costs isn’t your volume, staffing, or vendor stack…...
One major milestone in anyone's market-watching journey is when they learn that "the close" (close of business, closing bell, etc.) means different th...
Mortgage rates began the day at the highest levels in a month. The move up versus Friday was only moderate, but Friday's levels were already fairly cl...
One of the conversation topics late last week in Deer Valley is the weather and climate, and more specifically that Salt Lake City had received virtua...
Since the outbreak of the military operation in Iran, there have been varying levels of spillover from rising oil prices to the bond market. There hav...
Before this morning's jobs report was released, mortgage rates were on track to end the week at their highest levels in several weeks. This was due to...
Mortgage application activity surged last week in response to headlines of mortgage rates stably holding multi-year lows. The Mortgage Bankers Associa...
Officially winter ends on 3/19, as the Spring Equinox is 3/20. Most modern clocks these days auto-update when daylight savings begins/ends. So, Sunday...
It's shaping up to be a frustrating day market watchers. Decades of experience tells us that bonds should rally fairly sharply on a day where nonfarm ...
Global Bond Market in Reprice Mode
Around here, "reprice" typically refers to mid-day rate changes from mortgage lenders, but infrequently, a big picture repricing occurs in the bond market. That's what's goi...