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| Mortgage Rates Slightly Higher Today, But Sharply Lower This Week | ||
| 10/16/2026 1:18 PM | ||
| After dropping sharply over the past 5 days, mortgage rates finally reminded us that they"re still capable of moving higher. Thankfully, today"s bump was modest in the recent context, only adding 0.04% to a 30yr fixed that had fallen 0.27% since October 7th. Even though today"s losses were minimal, they"re potentially informative. Much of th...Read More | ||
| AI Document, Broker, U/W, QC Tools; Lender/Investor Earnings; Credit News; LO Retention Examined | ||
| 10/16/2026 10:28 AM | ||
| The MBA believes that 2027’s production will be 5 percent less than 2026’s and be below $2 trillion. “Rob, are you hearing that, with volumes down (units and volume), lenders are once again examining keeping entire loan originator workforces?” Indeed I am. At the most basic level, as we move through autumn and into winter with no sign of greatly im...Read More | ||
| Bonds Still Capable of Selling | ||
| 10/16/2026 9:06 AM | ||
| The past two days saw a unique confluence of factors that led to a precipitous, unexpected, and fairly large rally in the bond market. The easiest scapegoat is the general notion of fear surrounding AI/tech share prices and debt contagion. One simple effect was investors reallocating out of stocks and into bonds. Another effect could be investors s...Read More | ||
| Another Big Improvement to Another 3 Week Low | ||
| 10/15/2026 3:09 PM | ||
| Mortgage rates dropped again today, and at a much faster pace than yesterday"s decline. Top tier 30yr fixed rates are now down to 7.33% for the average lender, a drop of more than 0.25% from the long-term highs seen just last week. There are a lot of moving parts behind the scenes so let"s focus on what we can know or at least reasonably conclude. ...Read More | ||
| Exciting Times, But Don"t Get Too Excited | ||
| 10/15/2026 3:07 PM | ||
| Exciting Times, But Don"t Get Too Excited There"s no question that the past 5 days have been the best 5 days that we"ve seen in a long time in terms of direction movement in rates. They"re made all the more miraculous because the past 2 days included much higher inflation readings. In a vacuum, inflation da...Read More | ||
| Borrower Intelligence, Margin Mgt Tools; MBA and Affordability; FASB Servicing Proposal; DSCR Interview | ||
| 10/15/2026 10:50 AM | ||
| “My coworker asked me how I’m doing this morning. Yet another third party trying to steal my data!” Data travels at the speed of light. Mickey D’s is reportedly using artificial intelligence to “dynamically” price its burgers. Imagine a lender trying that! AI filled the exhibition hall at the MBA’s conference this week. I don’t use AI to write this...Read More | ||
| What"s Up With The Huge Paradoxical Rally?! | ||
| 10/15/2026 8:42 AM | ||
| Core PPI was up 0.7 vs 0.3 forecast this morning. That"s something that would normally send yields much higher. But everything is different this morning. Bonds rallied sharply in the overnight session and added a bit more to the gains after the 8:30am data. This is on top of yesterday"s stunning comeback after getting rocked by higher CPI. To ...Read More | ||
| Epic Round Trip as Rates Launch Higher Only to End Lower | ||
| 10/14/2026 2:43 PM | ||
| You won"t see too many days like today when it comes to mortgage rates and the underlying bond market that drives them. Bonds were eagerly awaiting this morning"s Consumer Price Index (CPI), a key inflation report and an important source of guidance for the Fed rate outlook. Reminder: while the Fed Funds Rate itself does not control mortgage...Read More | ||
| Correspondent and Wholesale, CLE, Audit, Free POS Products; News From Chicago; MBA Chair Owen Lee Interview | ||
| 10/14/2026 10:50 AM | ||
| What percentage of the industry is shifting credit policies? Yesterday the industry learned that Fairway Independent and Movement are “now implementing VantageScore 4.0 (owned by Experian, Equifax, and TransUnion)… The VantageScore 4.0 credit scoring model is offered through Experian, Equifax and TransUnion, as well as mortgage technology providers...Read More | ||
| CPI Puts a Floor Under Recent Rate Rally | ||
| 10/14/2026 8:48 AM | ||
| Unrounded core CPI came in at 0.335, which nearly rounds to 0.4% versus an expectations of 0.2%. This is a big surprise when it comes to inflation data, and it matters more at the moment given the rapidly evolving Fed rate hike outlook. Recent Fed speeches caused a significant pull-back in rate hike expectations. Today"s inflation data undoes...Read More | ||
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| Who gets to have 'good debt'? A sociologist, theologian, philosopher and other experts weigh in | ||
| 10/15/2026 12:54 PM | ||
| Humans have debated the merits and morality of debt throughout history...Read More | ||
| Fannie Mae sharply raises mortgage rate forecast for 2027 | ||
| 10/14/2026 12:08 PM | ||
| Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates...Read More | ||
| 'Office' is actually having a scarcity problem | ||
| 10/15/2026 10:58 AM | ||
| The U.S. office market is roaring back to health but its speedy recovery is resulting in a shortage, especially of premium space...Read More | ||
| Even more borrowers choose riskier mortgages, as higher interest rates crush affordability | ||
| 10/14/2026 7:01 AM | ||
| Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings...Read More | ||
| Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments | ||
| 10/13/2026 8:35 AM | ||
| Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data...Read More | ||
| BlackRock and Baillie Gifford bet big on Icon 3D printed homes | ||
| 10/13/2026 7:18 AM | ||
| Icon, one of the biggest players in 3D printed real estate, is announcing its $200 million Series D financing co-led by Baillie Gifford and funds managed by BlackRock, among others...Read More | ||
| Trump appoints committee to investigate statements by the Fed's Lisa Cook | ||
| 10/9/2026 12:56 PM | ||
| Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt...Read More | ||
| Wall Street is pitching data centers as a major real estate bet. The risks are piling up | ||
| 10/9/2026 10:08 AM | ||
| Wall Street firms are bringing AI data center investments to public markets as political, liquidity and project risks grow...Read More | ||
| Why REITs aren't getting killed by rising interest rates this time around | ||
| 10/8/2026 6:28 AM | ||
| REITs have been seen as a low interest rate play. But some experts are making the case that real estate fundamentals today are outweighing even rising rates...Read More | ||
| Refinance demand is now half what it was a year ago, as mortgage rates rise again | ||
| 10/7/2026 8:02 AM | ||
| Mortgage rates rose to the highest level in nearly three years, causing demand for both refinancing and homebuying to decline even further...Read More | ||
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