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Dueling Narratives Leave Yields Higher Ahead of Jobs Report
3/5/2026 2:32 PM
Dueling Narrative Leave Yields Higher Ahead of Jobs Report In the overnight session yields followed oil prices higher, but notably, Treasuries continued to sell even after oil leveled off. Then during domestic hours, it was Treasuries" turn to level off while oil prices spiked.  From 9am to 2pm, oil ro...Read More
 
Mortgage Rates Bounce Back Up Near Recent Highs
3/5/2026 2:02 PM
Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overnight hours, bond yields (which generally correlate with mortgage rates) moved higher in concert with rising oil prices.  That said, it would be a mistake to assume this is the only correlation in...Read More
 
Wholesale, Best Ex, Verification Tools; Cybersecurity News and The Figure Incident; Capital Markets
3/5/2026 10:19 AM
Here in Park City, at the annual mortgage ski trip, some of the banter is social, and some is focused on business. On the business side of things, one topic is the nearly 1 million people impacted by hackers attacking Figure Technology Solutions, a blockchain-focused fintech lender. U.S. financial institutions are increasing cybersecurity vigilance...Read More
 
10yr Breaking Above 4.10% After Overnight weakness
3/5/2026 8:24 AM
The bond market has already shown an indifference to this week"s econ data as a market mover (even though we expect that to change with tomorrow"s jobs report). This morning, however, the trend continues with stronger jobless claims and a big uptick in labor costs failing to inspire a reaction. But there has been movement. A steady wave of overnigh...Read More
 
Mortgage Rates Move Back Down Despite Stronger Data
3/4/2026 2:31 PM
Economic data is one of the few consistent sources of motivation for interest rates in the mortgage world and beyond. In general, stronger data tends to push rates higher and vice versa. But in today"s case, that correlation didn"t pan out. The first of today"s two important economic reports was ADP Employment. It was just barely stronger than exp...Read More
 
AOT Execution, CRM, Advisory, Virtual Economist, Non-QM Tools; Redwood"s First Non-QM Deal
3/4/2026 10:09 AM
Credit is certainly a topic as of late, both its process and its cost, but I received this note from an industry vet in the South. “Rob, I’m tired of lenders having ‘a come apart’ over FICO’s costs. No one talks about the fact that FICO held its prices steady for over 20 years, and the 1400 percent price increase came from a base of 69 cents. I don...Read More
 
Calmer Start. Uneventful ADP. Waiting on ISM
3/4/2026 7:41 AM
After 2 days of much higher volatility at the open, bonds are roughly unchanged so far this morning and the overnight session was noticeably calmer. Today"s big ticket data includes ADP Employment and ISM Services. The former is already out (63k vs 50k, with a negative revision about the same size as the beat) and not moving markets. With that...Read More
 
Bonds Erase Most of The AM Losses
3/3/2026 3:36 PM
Bonds Erase Most of The AM Losses The bond market was visibly pulled in two directions on Tuesday. This played out in phases, with AM weakness followed by a gradual recovery. But it can also be assumed to be playing out at any given moment as bonds listen to the voices arguing in their own mind. One voice s...Read More
 
Mortgage Rates Recover Moderately After Starting at 3-Week Highs
3/3/2026 2:21 PM
After spending the entirety of last week calmy holding the lowest levels in more than 3 years, mortgage rates jumped sharply higher yesterday. That said, everything"s relative. Even after that "sharp" increase, the average rate was still one of the lowest in years apart from last week. There was slightly more cause for concern this morning as the ...Read More
 
BBYS, Lead Management, U/W, Processing, Verification Tools; Recapture Webinar; Capital Markets
3/3/2026 9:57 AM
At the L1 Summit, technology is obviously a key segment of many sessions. Tech is helping larger companies in their moves in controlling the borrower funnel. Artificial intelligence (AI) with its pros and cons but hoped-for benefits to productivity and therefore cost reduction, is a common conversation topic. Third party provider offerings are also...Read More




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Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
3/5/2026 2:42 PM
Creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks....Read More
 
Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low
3/5/2026 1:13 PM
Frustrated sellers who pulled homes off the market last fall are now relisting them at a quick pace, thanks to lower mortgage rates, but supply is still low...Read More
 
There’s a push to cut capital gains taxes on home sales — how it could impact the housing market
3/4/2026 12:02 PM
Some lawmakers want to reduce or eliminate capital gains on home sales. Here"s how that could impact housing affordability. ...Read More
 
Big investors have been fleeing for-sale housing market, even before Trump ordered ban
3/4/2026 6:55 AM
President Donald Trump wants to ban big investors from buying single-family rental homes, but investors have already been selling due to high home prices...Read More
 
Weekly mortgage demand surged 11% higher last week, as rates sat near 4-year low
3/4/2026 7:57 AM
Lower mortgage rates last week caused a run on refinancing and renewed interest from homebuyers, but rates have already moved higher again....Read More
 
Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline
3/2/2026 2:00 PM
Mortgage rates moved decidedly higher Monday, as the U.S. war with Iran pushed oil prices up and Treasury yields followed....Read More
 
Mortgage rates hit lowest level in nearly 4 years, but homebuyers are still stuck on the sidelines
2/25/2026 9:14 AM
Mortgage rates dropped to the lowest level since 2022 last week, but demand from homebuyers declined as well, as they continue to struggle with affordability...Read More
 
5 takeaways from Trump's State of the Union address
2/25/2026 11:55 AM
Democrats are nipping at the heels of the incumbent Republicans for control of Congress in the 2026 midterms....Read More
 
Democrats counter Trump's proposal to limit institutional housing investors
2/25/2026 12:43 PM
A new bill from Sen. Elizabeth Warren targets investors who own 50-plus single-family homes, and breaks with a White House proposal....Read More
 
Mortgage rates just dropped below 6%, matching lowest level since 2022
2/23/2026 1:29 PM
Mortgage rates dropped below 6%, matching their lowest levels since 2022, as economic concerns over tariffs and a recent GDP report cause bond yields to drop....Read More




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