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...
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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 ...
Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overni...
Here in Park City, at the annual mortgage ski trip, some of the banter is social, and some is focused on business. On the business side of things, one...
The bond market has already shown an indifference to this week's econ data as a market mover (even though we expect that to change with tomorrow's job...
Economic data is one of the few consistent sources of motivation for interest rates in the mortgage world and beyond. In general, stronger data tends ...
Credit is certainly a topic as of late, both its process and its cost, but I received this note from an industry vet in the South. “Rob, I’m tired of ...
After 2 days of much higher volatility at the open, bonds are roughly unchanged so far this morning and the overnight session was noticeably calmer. T...
After spending the entirety of last week calmy holding the lowest levels in more than 3 years, mortgage rates jumped sharply higher yesterday. That sa...
At the L1 Summit, technology is obviously a key segment of many sessions. Tech is helping larger companies in their moves in controlling the borrower ...
Bonds sold off again overnight with 10yr yields now challenging the 4.10% technical level in early trading. MBS are down another 3/8ths, roughly. And ...
Mortgage rates began the new week with a fairly quick jump back into the low 6% range (top tier 30yr fixed rate for the average lender). With the news...
In what seems to be the blink of an eye we’re down two months of 2026, and by most accounts they were decent for lenders and vendors. Here in Ft. Laud...
Spoiler alert: it's not Iran. And this morning's yields are the 2nd lowest in more than 3 months behind last Friday. Last Friday was also a month-end ...
Sleepy Pre-Fed Day, But Slightly Stronger
Bonds did something they haven't done in almost 3 weeks today. They closed at stronger levels for the second consecutive day. The last time that happened was Feb...