Today, 4:24 PM
Bonds Only Modestly Weaker After New Escalation Over The Weekend
Bonds/oil/stocks saw a small corrective bou...
Today, 3:21 PM
Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much ground. Because bonds dic...
Today, 11:47 AM
War in the Middle East made oil prices go up, higher oil prices hurt world economies and stock markets because prices and inflation go up, and higher ...
Today, 9:34 AM
Heading into the weekend, all indications were about as promising as they have been that the war was heading toward a peaceful conclusion. This was re...
Fri, Apr 17 2026, 4:29 PM
AM Gains Mostly Stick Around
Everything interesting about today occurred before 9am ET (several war-related ...
Fri, Apr 17 2026, 4:06 PM
Today was a victory for mortgage rates, but not nearly as much of a victory as the underlying bond market would suggest. The good news is that the end...
Fri, Apr 17 2026, 2:17 PM
Builder confidence fell sharply in April as rising costs and economic uncertainty weighed on sentiment heading into the spring buying season. The Nati...
Fri, Apr 17 2026, 2:13 PM
Mortgage applications ticked higher last week, reversing recent declines as easing rates provided a modest boost to activity. The Mortgage Bankers Ass...
Fri, Apr 17 2026, 1:49 PM
Existing-home sales pulled back in March, reversing February’s modest gains as affordability pressures and rising mortgage rates continued to weigh on...
Fri, Apr 17 2026, 11:10 AM
The MBA's National Advocacy Conference in DC wrapped up this week, and any time you have a gaggle of mortgage personnel in one place, talk in the hall...
Fri, Apr 17 2026, 9:20 AM
Bonds were modestly and inconsequentially stronger in the overnight session. By 8am, this brought 10yr yields just under 4.30%. Less than an hour lat...
Thu, Apr 16 2026, 4:26 PM
Volatility Picked Up After a Slow Start
This morning, more than halfway through the international trading da...
Thu, Apr 16 2026, 3:52 PM
On average, today's top-tier 30 year fixed mortgage rates are exactly the same as yesterday's. Rates are driven by the bond market and bonds continue ...
Thu, Apr 16 2026, 11:22 AM
The U.S. Census Bureau released a downloadable file containing estimates of the nation’s resident population by single year of age and sex as of July ...
Thu, Apr 16 2026, 9:33 AM
Thursday has thus far been the slowest and most sideways day since February 24th, before the start of the Iran war. A lull in war-related developments...
Wed, Apr 15 2026, 3:59 PM
Very Small Token Pull-Back
Nothing really happened on Wednesday as far as the bond market was concerned. Yie...
Wed, Apr 15 2026, 3:20 PM
On Tuesday, the average top-tier 30yr fixed mortgage rate hit the lowest level in exactly 4 weeks. If you're not interested in splitting hairs, today'...
Wed, Apr 15 2026, 11:55 AM
According to Curinos’ proprietary application index, March 2026 funded mortgage volume increased 35 percent y-o-y and increased 30 percent m-o-m. How ...
Wed, Apr 15 2026, 10:34 AM
Markets have plenty of war-related headlines to digest at any given moment these days. And while some of those headlines have been the biggest market ...
Tue, Apr 14 2026, 4:27 PM
Bonds Ultimately Follow Oil's Lead, Heading Lower War-Related Optimism
While there were no incredibly memora...
Tue, Apr 14 2026, 3:23 PM
Mortgage rates had their best day of the month so far with the top tier 30yr fixed rate falling 0.08% for the average lender to the lowest levels in e...
Tue, Apr 14 2026, 11:47 AM
Products, Services, and Software for Brokers and Lenders Meet the Axos Warehouse Lending and WCPL teams at MBA’s Secondary & Capital Markets Confere...
Tue, Apr 14 2026, 10:29 AM
Bonds were fairly flat overnight and haven't moved much so far in the domestic session. More importantly, until 7am, bonds were slightly weaker even a...
Mon, Apr 13 2026, 4:08 PM
Weekend Selling Reverses After Another Round of De-Escalation Headlines
Another day, another chance to sort ...
Mon, Apr 13 2026, 3:30 PM
Mortgage rates are based on movement in the bond market and although bonds experienced some volatility in response to Iran war news over the weekend, ...
Mon, Apr 13 2026, 11:01 AM
Products, Services, and Software for Brokers and Lenders FundingShield, the leader in wire & title fraud prevention, released its Q1‑2026 Wire Fraud...
Mon, Apr 13 2026, 10:22 AM
Heading into the weekend, the big news was that the U.S. and Iran would meet in Pakistan to negotiate a peace deal. But by Sunday morning, the talks h...
Fri, Apr 10 2026, 4:22 PM
Bonds Drift Weaker Despite Lower Oil Prices
Although they still technically made positive progress versus th...
Fri, Apr 10 2026, 1:44 PM
If we're splitting hairs, today's average mortgage rates are technically higher than yesterday's, but the change is so small that it's just as fair to...
Fri, Apr 10 2026, 1:30 PM
Mortgage applications dipped again last week, though the pace of decline slowed considerably. The Mortgage Bankers Association (MBA) reported a 0.8% ...
Fri, Apr 10 2026, 11:34 AM
Products, Services, and Software for Brokers and Lenders Yesterday this Commentary mentioned a guide titled, “AI in the Workplace: Acceptable Use Po...
Fri, Apr 10 2026, 9:06 AM
The median forecast for monthly core CPI was 0.28% (0.3 after rounding up for most econ calendars). Today's actual number was 0.196--obviously quite a...
Thu, Apr 9 2026, 3:55 PM
Roughly Unchanged After Moderate Headline-Driven Volatility
As has been the recent custom, there were duelin...
Thu, Apr 9 2026, 3:25 PM
Many borrowers will see no difference between yesterday and today's mortgage rate quotes. The average lender moved just a hair lower. Once again, the...
Thu, Apr 9 2026, 11:52 AM
VantageScore, created in 2006, is a joint venture by the three major credit bureaus (Equifax, Experian, and TransUnion). Will it change your lending p...
Thu, Apr 9 2026, 9:08 AM
The overnight session leading into this morning's open was completely sideways--especially compared to yesterday's example. The boatload of econ data ...
Wed, Apr 8 2026, 4:33 PM
Bonds Lose Almost All The Overnight Gains
Bonds rallied sharply overnight--adding onto an already decent ral...
Wed, Apr 8 2026, 3:27 PM
It's a fluid situation in financial markets on Wednesday. The 2-week ceasefire in the Iran war caused a big reaction last night, but the benefit to th...
Wed, Apr 8 2026, 11:44 AM
U.S. population growth slowed sharply between July 2024 and July 2025, rising just 1.8 million people (0.5 percent) to 341.8 million, the weakest grow...
Wed, Apr 8 2026, 9:06 AM
The wheels were already in motion by the time yesterday's recap came out, and participants in the MBS Live chat room were already high-fiving as we wa...
Tue, Apr 7 2026, 4:39 PM
Wednesday Could Be Entirely Different
April 7th has been one of the most important days on the calendar for ...
Tue, Apr 7 2026, 3:14 PM
In stark contrast to the entire month of March, April's mortgage rate volatility has been downright boring. To put this in context, the average top ti...
Tue, Apr 7 2026, 11:53 AM
Artificial intelligence is all the rage in conferences and webinars, and today’s Advisory Angle at 2PM ET, powered by STRATMOR Group. Sue Woodard and ...
Tue, Apr 7 2026, 9:34 AM
Tonight brings 8pm ET deadline for Iran's response to U.S. demands (opening shipping channels among other things). If there's no response, Trump has t...
Mon, Apr 6 2026, 3:33 PM
Holiday-Adjacent Waiting Game
Monday may not have been an official holiday for the U.S. bond market, but it ...
Mon, Apr 6 2026, 3:11 PM
It was an uneventful day for mortgage rates with the average lender close enough to Friday's levels that borrowers would not see much of a difference ...
Mon, Apr 6 2026, 11:19 AM
This year, “Bring a Kid to Work Day” is April 23. The name seems to have shifted: I remember “Bring Your Child to Work Day.” The population of the Uni...
Mon, Apr 6 2026, 9:36 AM
Much of the international trading community remains on holiday today, making for lower volume and liquidity in the US. Bonds have managed to mostly sh...
Fri, Apr 3 2026, 12:52 PM
Nothing Else Happened After Initial Selling
The typical early close for the bond market is 2pm ET. This is u...
Fri, Apr 3 2026, 10:51 AM
Products, Services, and Software for Brokers and Lenders The team at Model Match has launched the first phase of a complete platform overhaul, reima...
