Tue, Apr 7 2026, 4:39 PM
Wednesday Could Be Entirely Different
April 7th has been one of the most important days on the calendar for ...
Tue, Apr 7 2026, 3:14 PM
In stark contrast to the entire month of March, April's mortgage rate volatility has been downright boring. To put this in context, the average top ti...
Tue, Apr 7 2026, 11:53 AM
Artificial intelligence is all the rage in conferences and webinars, and today’s Advisory Angle at 2PM ET, powered by STRATMOR Group. Sue Woodard and ...
Tue, Apr 7 2026, 9:34 AM
Tonight brings 8pm ET deadline for Iran's response to U.S. demands (opening shipping channels among other things). If there's no response, Trump has t...
Mon, Apr 6 2026, 3:33 PM
Holiday-Adjacent Waiting Game
Monday may not have been an official holiday for the U.S. bond market, but it ...
Mon, Apr 6 2026, 3:11 PM
It was an uneventful day for mortgage rates with the average lender close enough to Friday's levels that borrowers would not see much of a difference ...
Mon, Apr 6 2026, 11:19 AM
This year, “Bring a Kid to Work Day” is April 23. The name seems to have shifted: I remember “Bring Your Child to Work Day.” The population of the Uni...
Mon, Apr 6 2026, 9:36 AM
Much of the international trading community remains on holiday today, making for lower volume and liquidity in the US. Bonds have managed to mostly sh...
Fri, Apr 3 2026, 12:52 PM
Nothing Else Happened After Initial Selling
The typical early close for the bond market is 2pm ET. This is u...
Fri, Apr 3 2026, 10:51 AM
Products, Services, and Software for Brokers and Lenders The team at Model Match has launched the first phase of a complete platform overhaul, reima...
Fri, Apr 3 2026, 9:58 AM
Today's jobs report is/was the only big-ticket calendar event and the most obvious source of bond market inspiration. That's doubly true considering t...
Thu, Apr 2 2026, 3:54 PM
Bonds Recover on Oil Price Hopes
Bonds were weaker to start the day with oil prices moving sharply higher af...
Thu, Apr 2 2026, 3:12 PM
On any given Thursday, there's a decent enough chance that the average mortgage rate headline will be unintentionally misleading. At issue is media re...
Thu, Apr 2 2026, 11:43 AM
“Rob, what do you hear about Fannie & Freddie being released from conservatorship?” Not much. Although it may change with one random tweet, the idea &...
Thu, Apr 2 2026, 9:11 AM
Things don't always happen like you'd expect. There was some buzz yesterday in the run up to yesterday night's Trump speech. Even during the domestic ...
Wed, Apr 1 2026, 4:07 PM
Surprisingly Light Volatility
Bonds digested several big ticket economic reports as well as a host of war-re...
Wed, Apr 1 2026, 3:14 PM
Mortgage rates were little-changed on Wednesday, despite the release of several economic reports and another deluge of war-related headlines. In the s...
Wed, Apr 1 2026, 2:58 PM
Mortgage applications fell for the third consecutive week amid an increasingly volatile rate environment. The Mortgage Bankers Association (MBA) rep...
Wed, Apr 1 2026, 11:40 AM
Time flies, Apple turns 50 today, the first quarter is in the books, and here in Northern Nevada, like everywhere, lenders are watching trends and tec...
Wed, Apr 1 2026, 9:38 AM
Bonds rallied modestly in the overnight session after Trump said the US may exit the war soon. Those gains have been more than erased (just barely) af...
Tue, Mar 31 2026, 4:28 PM
Another Day of Gains With Some Quarter-End Distortion
Q1 was fairly eventful for the bond market with solid-...
Tue, Mar 31 2026, 3:21 PM
Mortgage rates moved lower for the second straight day as markets responded to potential de-escalation in the Iran war. Rates are based on bonds and ...
Tue, Mar 31 2026, 11:52 AM
Appraisal methodology and analysis have changed over the years, and we’re about to undergo another major alteration with UAD 3.6. Some investors are a...
Tue, Mar 31 2026, 10:35 AM
The focal point of the overnight news cycle was a report that administration officials said Trump is willing to end the war even if the Strait of Horm...
Mon, Mar 30 2026, 3:24 PM
The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recover...
Mon, Mar 30 2026, 11:21 AM
Do you remember when everyone was talking about the lack of housing inventory as a problem for buyers? Those days are long gone: There are now nearly ...
Mon, Mar 30 2026, 9:12 AM
There are three distinct reasons that could account for bonds paradoxically rallying overnight despite oil prices remaining high and an absence of mea...
Fri, Mar 27 2026, 4:16 PM
Some Resilience After AM Weakness
10yr yields are set to end the week at the highest levels since last July,...
Fri, Mar 27 2026, 2:29 PM
There were mixed blessings in the mortgage rate world today. The bad news is that today's rates are just a bit higher than yesterday's, resulting in a...
Fri, Mar 27 2026, 1:44 PM
Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Ass...
Fri, Mar 27 2026, 11:52 AM
Products, Services, and Software for Brokers and Lenders Four Methods to Hedge Non-QM & Maximize Profits: In today’s growing non-QM market, selling ...
Fri, Mar 27 2026, 10:12 AM
Markets were presented with an opportunity just before the close yesterday to put their faith in another ceasefire-style announcement, but have instea...
Thu, Mar 26 2026, 4:11 PM
That Escalated Quickly
It would be easy to check in on the bond market at some point on Thursday afternoon a...
Thu, Mar 26 2026, 2:49 PM
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks in question involve following the ...
Thu, Mar 26 2026, 11:43 AM
What’s new out there? Well, United Airlines is talking about having couches in the air. There’s always something new in compliance, and there are firm...
Thu, Mar 26 2026, 9:21 AM
Bonds yields stayed lower than oil prices suggested yesterday afternoon. The same is true this morning, but oil prices have risen enough to lead bonds...
Wed, Mar 25 2026, 4:04 PM
Noticeably Lighter Volatility. Why?
Wednesday offered a welcome break from the pervasive volatility seen sin...
Wed, Mar 25 2026, 2:55 PM
The past 24 hours have seen multiple news stories with seemingly contradictory updates regarding the state of the Iran war. There's a ceasefire. There...
Wed, Mar 25 2026, 12:00 PM
Products, Services, and Software for Brokers and Lenders A restaurant can seem like the picture of efficiency…until the kitchen falls behind. Guests...
Wed, Mar 25 2026, 9:39 AM
There have been various comments from U.S. officials about ending the war for several weeks (i.e. on March 9th, Trump said the war could be over soon)...
Tue, Mar 24 2026, 4:03 PM
Juxtaposition of Escalation and De-escalation Keeping Bonds Volatile
Tuesday was notable for financial marke...
Tue, Mar 24 2026, 3:35 PM
March 2026 continues to be an unpleasant month for mortgage rates--a fact almost exclusively due to the Iran war. Even if the war were to end today, t...
Tue, Mar 24 2026, 11:49 AM
Sometimes life comes down to a coin toss. Here in Virginia Beach, at the Southern Trust Mortgage Sales Summit, a conversation topic is originators not...
Tue, Mar 24 2026, 9:43 AM
Even though there were doubts about their scope and impact, yesterday morning's headlines introduced the prospect of some sort of ceasefire in the Ira...
Mon, Mar 23 2026, 3:54 PM
Decent Gains Amid De-Escalation Headlines
Don't worry about what actually happened, who actually spoke to wh...
Mon, Mar 23 2026, 3:34 PM
Mortgage rates are dictated by bonds and bonds had a volatile day. During overnight trading hours, bonds suggested we should brace for the impact of e...
Mon, Mar 23 2026, 11:48 AM
Products, Services, and Software for Brokers and Lenders Less back-and-forth. More first-time-right verifications. Truework replaces manual verifica...
Mon, Mar 23 2026, 9:26 AM
Up until roughly 7am ET, it was a rough night for the bond market. 10yr yields had been selling off steadily throughout, hitting 4.443% by 6:45am. The...
Fri, Mar 20 2026, 5:21 PM
Global Bond Market in Reprice Mode
Around here, "reprice" typically refers to mid-day rate changes from mort...
Fri, Mar 20 2026, 2:53 PM
After hitting 5.99% as recently as February 27th, top tier 30yr fixed mortgage rates are back over 6.5% for the average lender today--the highest they...
