Fri, May 1 2026, 3:27 PM
Some Volatility Surrounding Headlines, But Not Much Change
Bonds began the day roughly flat before losing gr...
Fri, May 1 2026, 1:58 PM
Low volatility was the most obvious theme for mortgage rates last week. From April 14th through last Friday, the range for a top-tier 30yr fixed rate ...
Fri, May 1 2026, 11:45 AM
The use of down payment assistance has risen sharply over the past year and a half, especially among FHA borrowers. Participation has jumped from 7.5 ...
Fri, May 1 2026, 10:35 AM
Bonds were almost perfectly flat during the overnight session along with oil and stock futures. Morning trading ushered in more volatility as the war-...
Thu, Apr 30 2026, 4:29 PM
Bonds Recover With Oil, But Not Completely
Ever since bottoming out together on the morning of April 17th, b...
Thu, Apr 30 2026, 3:09 PM
Mortgage rates spiked on Wednesday (yesterday) after reports suggested a prolonged blockade of the Strait of Hormuz. As has been the case for most of ...
Thu, Apr 30 2026, 2:11 PM
Residential construction activity moved in opposite directions in March, as housing starts posted a strong rebound while building permits fell sharply...
Thu, Apr 30 2026, 1:46 PM
Mortgage applications eased modestly last week, giving back a small portion of the prior week’s sharp gains as rates moved slightly higher. The Mortga...
Thu, Apr 30 2026, 1:15 PM
Home price appreciation remained subdued in early 2026, according to the latest data from both FHFA and S&P Cotality Case-Shiller. The two reports sho...
Thu, Apr 30 2026, 11:47 AM
As an industry, we tend to care about interest rates, especially mortgage rates. (A recent STRATMOR piece is titled, “Mortgage Rates Are Not Random.”)...
Thu, Apr 30 2026, 9:40 AM
From an analytical standpoint, it's hard to offer new and interesting insights when the order of any given day is simply to observe broad war-related ...
Wed, Apr 29 2026, 4:42 PM
Today's Weakness Mostly War-Related With Small Boost From Fed
Because today was was a "Fed day" and because ...
Wed, Apr 29 2026, 4:09 PM
Mortgage rates jumped higher today at the fastest pace in weeks to the highest levels since March 30th. There were two key motivations for the increas...
Wed, Apr 29 2026, 2:00 PM
Available Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, on average, and the un...
Wed, Apr 29 2026, 11:17 AM
Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, announced last week it is now operating as a fully independent com...
Wed, Apr 29 2026, 9:31 AM
Last night's key news on the war involved reports of Trump telling aides to prepare for a prolonged blockade of Iran. The free flow of oil through Hor...
Tue, Apr 28 2026, 4:15 PM
Modest Gains After Opening Weaker
Tuesday ended up being a uneventful trading session despite 10yr yields hi...
Tue, Apr 28 2026, 3:32 PM
Mortgage rates moved moderately higher today for the average lender, but not for any exciting reasons. Rather, the change has more to do with timing o...
Tue, Apr 28 2026, 11:29 AM
The big keep getting bigger: Real Brokerage announced that it is purchasing RE/MAX for $550 million, revealing that, including debt, the deal is worth...
Tue, Apr 28 2026, 10:27 AM
Bonds sold off slowly and steadily overnight, largely tracing a similarly steady rise in oil prices. The latter is most easily attributed to reports t...
Mon, Apr 27 2026, 3:51 PM
Modest Weakness, But Range Persists
Bonds lost ground today, but not for any particular reason. Most importa...
Mon, Apr 27 2026, 3:21 PM
Despite the elevated volatility risk heading into the weekend, mortgage rates are starting the week in exactly the same territory compared to Friday a...
Mon, Apr 27 2026, 11:47 AM
What happens if labor or materials become too expensive here in the United States? Despite the move toward rejuvenating the manufacturing-based econom...
Mon, Apr 27 2026, 9:44 AM
The word of the day is "stalled." You can't get far reading top news stories over the weekend without seeing it in reference to the negotiations that ...
Fri, Apr 24 2026, 4:02 PM
Similar Volatility But in a Friendlier Direction
The bond market saw a roughly identical amount of volatilit...
Fri, Apr 24 2026, 3:31 PM
With zero change versus Thursday's latest levels, the 30yr fixed mortgage rate index maintained a 0.03% range for the entire week (and 0.04% going bac...
Fri, Apr 24 2026, 1:04 PM
Short version: The Pending Home Sales Index remains in the same low, narrow, sideways range that's been intact for 3 years. The good news is that th...
Fri, Apr 24 2026, 12:49 PM
Mortgage applications surged last week, posting a strong rebound as declining rates and improving market sentiment drove broad-based gains. The Mortga...
Fri, Apr 24 2026, 11:46 AM
Lender and Broker Products and Services Two established names in mortgage verification. One national CRA built to serve how lenders actually operate...
Fri, Apr 24 2026, 9:18 AM
Markets were largely flat overnight but volatility picked up just after 7am ET after headlines suggested US/Iran negotiations could resume as early as...
Thu, Apr 23 2026, 4:43 PM
Volatility Picked Up Despite Lackluster News Quality
It's not exactly a new problem, but the issue of incorr...
Thu, Apr 23 2026, 2:41 PM
Thursday saw a continuation of the recent trend of very low volatility for mortgage rates. The average lender's top-tier 30yr fixed rates were perfect...
Thu, Apr 23 2026, 11:54 AM
After over 40 years in this industry and capital markets, I've learned that the best conversations are… with people. For example, a flyer could have b...
Thu, Apr 23 2026, 9:14 AM
Bonds were almost perfectly flat in the overnight session with yields holding inside a 1.5bp range. Oil prices rose initially, but recovered before th...
Wed, Apr 22 2026, 4:09 PM
Uncertainty Extended Indefinitely
Heading into last night's ceasefire expiration, there was a sense that the...
Wed, Apr 22 2026, 3:22 PM
Rates remain focused on oil prices and war-related developments. With yesterday's ceasefire extension and today's ambiguity over the time frame of tha...
Wed, Apr 22 2026, 11:52 AM
Today we have a press conference with HUD Secretary Scott Turner and U.S. Federal Housing Director Bill Pulte announcing “a significant development in...
Wed, Apr 22 2026, 10:11 AM
As a testament to just how confident the market is/was that neither side is overly interested in escalating the Iran war, Tuesday night's ceasefire de...
Tue, Apr 21 2026, 3:49 PM
Ceasefire Uncertainty Adds to Losses
Bonds were just a bit weaker this morning after the weekly ADP data. Ju...
Tue, Apr 21 2026, 2:49 PM
Technically and officially, today's average top tier 30yr fixed mortgage rate is the highest since last Monday. The catch is that there hasn't been mu...
Tue, Apr 21 2026, 11:46 AM
Wholesale and Correspondent Product and Corporate News Homebridge Financial Services, Inc., one of the nation’s largest privately held non-bank mort...
Tue, Apr 21 2026, 9:03 AM
Heading into the day, the 8:30am Retail Sales data was the obvious pick among the available economic reports to be a potential market mover. Reality h...
Mon, Apr 20 2026, 4:24 PM
Bonds Only Modestly Weaker After New Escalation Over The Weekend
Bonds/oil/stocks saw a small corrective bou...
Mon, Apr 20 2026, 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...
Mon, Apr 20 2026, 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 ...
Mon, Apr 20 2026, 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...
