Bonds dictate mortgage rates and bonds experienced a bit of volatility this morning in response to the Supreme Court ruling on tariffs. The initial im...
If there's one housing market metric that paints a brighter picture than the rest, it's New Home Sales data from the Census Bureau. At 745,000, it eas...
Mail-related check fraud never seems to go away, and the FBI reminds us that blue gel pens certainly help in reducing check fraud. “Rob, are you heari...
The National Association of Realtors’ Pending Home Sales Index (PHSI) slipped modestly in January, easily prolonging its stay in a narrow range near a...
At the time of this writing, there are still a few econ reports left on deck, but the big ones are out. GDP missed big (1.4 vs 3.0), but largely for n...
For the average lender, top-tier 30yr fixed mortgage rates were perfectly unchanged compared to yesterday. This keeps them right in line with the lowe...
It’s hard to believe that the COVID pandemic was six years ago with its increase in deaths. For our biz, we switched to “work from home,” among other ...
Yesterday's end-of-day recap bore the title "Half-Hearted Correction Continues." It turns out that should have been the title for this morning's comme...
What goes down must come up? Definitely not always the case, but true this time for residential construction numbers. The Census Bureau’s latest repor...
Mortgage application activity picked up last week with the Mortgage Bankers Association (MBA) reporting an increase of 2.8% on a seasonally adjusted...
Builder confidence fell for the second straight month in February according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Ma...
Mortgage rates at the average lender moved up by 0.01% today--the smallest increment measured by the MND daily rate index. This means that most borrow...
On today’s Mortgage Matters live interview (at 1PM ET; feel free to ask questions) Faith Schwartz, who has an incredible pedigree, draws upon her deca...
Any time the 10yr Treasury yield approaches--but fails to break--a number ending in .50 or .00, the analytical community is guaranteed to be discussin...
It was an uneventful day for mortgage rates with the average lender holding right in line with last Friday's levels. In this case, that's a good thing...
On Mortgage Law Today at noon PT Brian Levy, Loretta Salzano, and Peter Idziak sit down with Laura LaRia and Sandy Shatz for a deep dive into the lega...
At the start of the domestic session, bonds had actually managed to build on last week's impressive gains, even if only by a few bps. That was a bit o...
When the administration announced that Fannie and Freddie would be buying mortgage-backed securities in early January, rates fell sharply to the lowes...
Existing-home sales pulled back sharply in January, quickly dashing any hopes that December’s year-end rebound brought, as harsh winter weather and st...
Products, Services, and Software for Brokers and Lenders QC works as an early warning system, but it only creates value when findings are recognized...
CPI came in just a hair below forecasts at the headline level and right in line with forecasts at the core level (unrounded .295 vs .300). Shelter com...
Just one day after an incredibly strong jobs report--something that would normally create problematic upward momentum for rates--the average lender is...
Here at San Diego’s MCT Exchange 2026, the hallway chatter is varied. These are capital markets personnel, so things are pragmatic. One topic is Fredd...
When the jobs report makes a big statement, bonds are more likely to exhibit elevated momentum and volatility in the following days. In more than a fe...
Mortgage rates moved 0.03% higher today. On almost any other day, this would be a bit of a bummer, but in today's case, it's a victory. There was a t...
Mortgage application activity was essentially flat last week, almost impressively so. After much recent volatility, the index is finding a brief momen...
Products, Services, and Software for Brokers and Lenders “Escrow is supposed to be predictable. But in default servicing, that predictability dimini...
Nearly an hour after this morning's surprisingly strong jobs report, 10yr yields are only 4.4bps higher at 4.19%. On a normal day, 4.4bps might be a f...
Mortgage rates fell on Tuesday following a downbeat Retail Sales report. At 0.05%, it was the largest single-day drop since the uncommonly big 0.15% d...
Products, Services, and Software for Brokers and Lenders There’s a reason $5.99 feels different than $6.00. Behavioral economists call it the “left-...
Last Thursday, we discussed the paradox of a rally in the present moment being driven by future data. More specifically, the three downbeat labor mark...
The past 2 weeks have seen very little volatility for mortgage rates. After being near 6% for a week in early January, rates rose abruptly to 6.21% (...
Lenders are always analyzing automation for parts of the manufacturing process, and industry vet and STRATMOR Senior Advisor Sue Woodard has her thoug...
Most nights, Treasuries trade in fairly low volume in a fairly narrow range. Last night's range wasn't much wider than normal, but most of the moveme...
In the bigger picture, the past two and a half weeks have been marked by a very narrow range in the bond market. Because bonds dictate mortgage rates,...
Mortgage application activity moved lower again last week, extending the pullback from January’s earlier burst of demand as weather disruptions and so...
Products, Services, and Software for Brokers and Lenders Truework is a comprehensive income and employment verification platform that fully replaces...
Friday is the quietest day of the week in terms of scheduled econ data and events, with the relatively unimportant Consumer Sentiment being the only n...
Mortgage rates are driven by bonds and that bonds care about employment data. There are quite a few different economic reports that focus on various e...
Tariff Ruling Tried (And Failed) to Steal The Show
If you were told ahead of time that Friday morning would bring news that the Supreme Court struck down the IEEPA tariffs, you wouldn't be crazy to think it w...