There were mixed blessings in the mortgage rate world today. The bad news is that today's rates are just a bit higher than yesterday's, resulting in a...
Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Ass...
Products, Services, and Software for Brokers and Lenders Four Methods to Hedge Non-QM & Maximize Profits: In today’s growing non-QM market, selling ...
Markets were presented with an opportunity just before the close yesterday to put their faith in another ceasefire-style announcement, but have instea...
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks in question involve following the ...
What’s new out there? Well, United Airlines is talking about having couches in the air. There’s always something new in compliance, and there are firm...
Bonds yields stayed lower than oil prices suggested yesterday afternoon. The same is true this morning, but oil prices have risen enough to lead bonds...
The past 24 hours have seen multiple news stories with seemingly contradictory updates regarding the state of the Iran war. There's a ceasefire. There...
Products, Services, and Software for Brokers and Lenders A restaurant can seem like the picture of efficiency…until the kitchen falls behind. Guests...
There have been various comments from U.S. officials about ending the war for several weeks (i.e. on March 9th, Trump said the war could be over soon)...
March 2026 continues to be an unpleasant month for mortgage rates--a fact almost exclusively due to the Iran war. Even if the war were to end today, t...
Sometimes life comes down to a coin toss. Here in Virginia Beach, at the Southern Trust Mortgage Sales Summit, a conversation topic is originators not...
Even though there were doubts about their scope and impact, yesterday morning's headlines introduced the prospect of some sort of ceasefire in the Ira...
Mortgage rates are dictated by bonds and bonds had a volatile day. During overnight trading hours, bonds suggested we should brace for the impact of e...
Products, Services, and Software for Brokers and Lenders Less back-and-forth. More first-time-right verifications. Truework replaces manual verifica...
Up until roughly 7am ET, it was a rough night for the bond market. 10yr yields had been selling off steadily throughout, hitting 4.443% by 6:45am. The...
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...
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...
The FHFA announced that Fannie and Freddie will remove ‘certain’ homeowners insurance requirements which may reduce costs. But what are people saying ...
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...
Some Resilience After AM Weakness
10yr yields are set to end the week at the highest levels since last July, but those were even higher highs earlier this morning. From roughly 9am-1130am ET, bonds recov...