Mon, Mar 2 2026, 3:41 PM
Big Bad Day For Bonds. What's Next?
Bonds sold off early and aggressively on Monday in a move that most onlo...
Mon, Mar 2 2026, 3:19 PM
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...
Mon, Mar 2 2026, 11:54 AM
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...
Mon, Mar 2 2026, 9:33 AM
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 ...
Fri, Feb 27 2026, 4:24 PM
Bonds Cap Stellar Week/Month With Strongest Close
Bonds ended the week/month at their strongest levels with ...
Fri, Feb 27 2026, 1:56 PM
At this point, it is getting a bit repetitive to bring up "the lowest rates in more than 3 years"--something that was officially the case twice this w...
Fri, Feb 27 2026, 1:27 PM
Mortgage application activity edged ever-so-slightly higher last week, with the Mortgage Bankers Association (MBA) reporting an increase of 0.4% on ...
Fri, Feb 27 2026, 1:10 PM
Home price appreciation pulled back slightly at the end of last year, according to December data from both FHFA and S&P/Cotality Case-Shiller. The rep...
Fri, Feb 27 2026, 11:17 AM
Can’t you feel the anticipation building? March 5th… Trigger leads… Don’t tell me that you’ve forgotten all about it. When a borrower applies for a mo...
Fri, Feb 27 2026, 9:29 AM
We'd already discussed the fact that PPI has fallen by the wayside as a relevant market mover for bonds despite one or two instances of relevance near...
Thu, Feb 26 2026, 4:16 PM
Knock Knock Knockin' on 10yr Floor
Sometimes, it's a shame that the 7yr Treasury isn't the most popular bond...
Thu, Feb 26 2026, 3:42 PM
Given that we have the somewhat unpopular job of reporting that today's average top-tier 30yr fixed mortgage rate is 6.00 again, rather than the 5.99 ...
Thu, Feb 26 2026, 11:46 AM
The latest example is ICE Mortgage Technology launching its new Homeowner Portal, powered by LERETA’s tax tracking data, “giving homeowners real-time ...
Thu, Feb 26 2026, 10:37 AM
This is the problem with narrow trading ranges. Yesterday, yields were safely inside a narrow range near long-term lows. Today, they're challenging th...
Wed, Feb 25 2026, 4:45 PM
In-Range PM Weakness
Viewed under a microscope, it may have seemed like today was a relatively volatile sess...
Wed, Feb 25 2026, 3:37 PM
It may not be as glamorous as being able to say mortgage rates are "in the 5s," but at 6.00%, today's MND rate index is a mere 0.01% higher than yeste...
Wed, Feb 25 2026, 12:00 PM
It is no secret that Congress and regulators have trouble keeping up with technology. But is an AI “conversation” with a borrower any different than a...
Wed, Feb 25 2026, 9:42 AM
Some days, there's a lot to say about what's going on in the bond market. Other days are like today. Analysts have to lean on themes like trading rang...
Tue, Feb 24 2026, 4:15 PM
Calmly Holding in Super Strong Territory
MBS may not be quite as high as they were yesterday, but in the big...
Tue, Feb 24 2026, 3:53 PM
The average top-tier mortgage rates made it back to 5.99% yesterday for the first time since January 9th and only the second time in more than 3 years...
Tue, Feb 24 2026, 11:17 AM
At the Optimal Blue Summit going on now, sessions range from AI to loan officer tools to market strategy, product unveilings built to transform pricin...
Tue, Feb 24 2026, 9:31 AM
Volume and volatility is lower this morning compared to yesterday, but the same theme of risk aversion looks to be in play, probably. Why "probably?"...
Mon, Feb 23 2026, 3:09 PM
General Risk Aversion Trade Helping Bonds
Bonds began the day in just barely stronger territory but continue...
Mon, Feb 23 2026, 11:53 AM
This coverage is coming out earlier than normal due to a more interesting headline than normal. The average top-tier 30yr fixed rate fell back to 5.99...
Mon, Feb 23 2026, 11:48 AM
Products, Services, and Software for Brokers and Lenders When every basis point counts and staffing doesn’t magically scale with volume, servicers n...
Mon, Feb 23 2026, 10:51 AM
Bonds are starting the new week in slightly stronger territory, but still well inside the prevailing trading range. There were no standout market move...
Fri, Feb 20 2026, 4:44 PM
Tariff Ruling Tried (And Failed) to Steal The Show
If you were told ahead of time that Friday morning would ...
Fri, Feb 20 2026, 3:18 PM
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...
Fri, Feb 20 2026, 2:47 PM
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...
Fri, Feb 20 2026, 2:42 PM
The National Association of Realtors’ Pending Home Sales Index (PHSI) slipped modestly in January, easily prolonging its stay in a narrow range near a...
Fri, Feb 20 2026, 11:55 AM
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...
Fri, Feb 20 2026, 9:25 AM
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...
Thu, Feb 19 2026, 4:36 PM
Bonds Punt. Focus Turns to Friday's Econ Data
Bonds spent the past 2 days pushing back toward slightly highe...
Thu, Feb 19 2026, 3:33 PM
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...
Thu, Feb 19 2026, 11:45 AM
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 ...
Thu, Feb 19 2026, 8:53 AM
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...
Wed, Feb 18 2026, 4:22 PM
Half-Hearted Correction Continues
Don't call it a correction. Yields may have rallied 30bps in just over a ...
Wed, Feb 18 2026, 4:13 PM
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...
Wed, Feb 18 2026, 4:00 PM
Mortgage application activity picked up last week with the Mortgage Bankers Association (MBA) reporting an increase of 2.8% on a seasonally adjusted...
Wed, Feb 18 2026, 3:47 PM
Builder confidence fell for the second straight month in February according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Ma...
Wed, Feb 18 2026, 3:11 PM
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...
Wed, Feb 18 2026, 11:44 AM
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...
Wed, Feb 18 2026, 11:06 AM
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...
Tue, Feb 17 2026, 4:27 PM
Calm Start Even if Modestly Weaker
The day before and/or after a 3-day weekend is more volatile than the ave...
Tue, Feb 17 2026, 4:08 PM
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...
Tue, Feb 17 2026, 11:48 AM
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...
Tue, Feb 17 2026, 11:25 AM
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...
Fri, Feb 13 2026, 4:13 PM
Bonds Close Out Epic Week of Resilience With Friendly Data
Friday was a logically friendly day thanks to sli...
Fri, Feb 13 2026, 2:07 PM
When the administration announced that Fannie and Freddie would be buying mortgage-backed securities in early January, rates fell sharply to the lowes...
Fri, Feb 13 2026, 1:54 PM
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...
