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...
Fri, Mar 20 2026, 2:15 PM
New home sales took a notable step back in January, reversing much of the prior month’s strength and highlighting the volatility that often defines th...
Fri, Mar 20 2026, 2:08 PM
NOTE: the rates discussed in this article are from MBA's weekly survey and pertain to last week. This week's rates have already moved significantly h...
Fri, Mar 20 2026, 2:05 PM
Builder confidence ticked slightly higher in March according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI...
Fri, Mar 20 2026, 9:46 AM
In the space of 2 days, central banks have completely stolen the spotlight from energy prices, but they have relied on energy prices to do so. More si...
Thu, Mar 19 2026, 3:48 PM
Volatile Day Thanks to Central Banks And, Eventually Oil
Bonds took a break from their lock-step tango with ...
Thu, Mar 19 2026, 11:24 AM
The FHFA announced that Fannie and Freddie will remove ‘certain’ homeowners insurance requirements which may reduce costs. But what are people saying ...
Thu, Mar 19 2026, 8:55 AM
At almost any moment in March 2026, a glance at the "10yr vs oil price" chart has revealed sufficient correlation to blame the bond rout on the energy...
Wed, Mar 18 2026, 5:06 PM
Mortgage rates got hit 3 times on Wednesday, with the net effect being a move back up to the highest levels in several months. The average lender isn'...
Wed, Mar 18 2026, 5:04 PM
Bonds Weren't Prepared For Fed's Inflation Fears
If anything, you'd think the market would have been pricing...
Wed, Mar 18 2026, 2:00 PM
Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has sh...
Wed, Mar 18 2026, 11:25 AM
Among the hot topics in the hallways of the ICE Experience is the evolution in data contained in each lien, along with massive appraisal change hittin...
Wed, Mar 18 2026, 9:14 AM
The Producer Price Index (PPI) was this morning's only big ticket econ data and calling it "big ticket" is a bit of a stretch. PPI often passes withou...
Tue, Mar 17 2026, 4:07 PM
Sleepy Pre-Fed Day, But Slightly Stronger
Bonds did something they haven't done in almost 3 weeks today. The...
Tue, Mar 17 2026, 3:07 PM
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 ...
