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...
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...
