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Big Bad Day For Bonds. What"s Next?
3/2/2026 2:41 PM
Big Bad Day For Bonds. What"s Next? Bonds sold off early and aggressively on Monday in a move that most onlookers are quickly attributing to geopolitics. Specifically, the thought is that higher oil prices imply higher inflation and, thus, higher rates. While some traders probably woke up and decided to sel...Read More
 
Mortgage Rates Jump Back Into The 6"s
3/2/2026 2:19 PM
Mortgage rates began the new week with a fairly quick jump back into the low 6% range (top tier 30yr fixed rate for the average lender). With the news cycle very focused on developments in Iran, most coverage attempts to correlate geopolitical events with market movement. The only legitimate way to do this would be to say that upward pressure on o...Read More
 
HELOC, AI/Compliance, eNote Products; Skiing and AI Events/Training; Capital Markets
3/2/2026 10:54 AM
In what seems to be the blink of an eye we’re down two months of 2026, and by most accounts they were decent for lenders and vendors. Here in Ft. Lauderdale at the Lenders One Summit, the talk in the hallways, like that at several recent conferences, is centered around a handful of topics, M&A being one of them, and the desire for companies to ...Read More
 
March Starts Sharply Weaker. Is it Iran?
3/2/2026 8:33 AM
Spoiler alert: it"s not Iran. And this morning"s yields are the 2nd lowest in more than 3 months behind last Friday. Last Friday was also a month-end trading day with a mini snowball rally that defied overt explanation (apart from "month end bond buying")--a fact that led us to warn about the risk of "new month bond selling."  It"s not that bo...Read More
 
Bonds Cap Stellar Week/Month With Strongest Close
2/27/2026 3:24 PM
Bonds Cap Stellar Week/Month With Strongest Close Bonds ended the week/month at their strongest levels with 10yr yields breaking below the 4.0% floor to close at 3.95+.  In addition to the low outright levels, the journey was accomplished with minimal volatility along the way. This is potentially surpr...Read More
 
Mortgage Rates End Week at Best Levels
2/27/2026 12:56 PM
At this point, it is getting a bit repetitive to bring up "the lowest rates in more than 3 years"--something that was officially the case twice this week. If we give rates credit for stably holding these long-term lows (and we should!), then every day this week has been the best in more than 3 years. Here"s the specific record: at no other time in...Read More
 
Mortgage Demand Calm Before The Storm?
2/27/2026 12:27 PM
Mortgage application activity edged ever-so-slightly higher last week, with the Mortgage Bankers Association (MBA) reporting an increase of 0.4% on a seasonally adjusted basis for the week ending February 20. Refi applications continue to do the heavy lifting. The Refinance Index increased 4% from the previous week and was 150% higher than t...Read More
 
Home Prices Still Rising, But Pace Remains Subdued
2/27/2026 12:10 PM
Home price appreciation pulled back slightly at the end of last year, according to December data from both FHFA and S&P/Cotality Case-Shiller. The reports reinforce the message that prices continued to appreciate modestly through the end of 2025. FHFA’s seasonally adjusted House Price Index shows home prices up 1.8% year-over-year in the f...Read More
 
Fraud, Processing, Verification Waterfall Products; Fairway and Insurance; Conv. Conforming Changes
2/27/2026 10:17 AM
Can’t you feel the anticipation building? March 5th… Trigger leads… Don’t tell me that you’ve forgotten all about it. When a borrower applies for a mortgage and their credit is pulled, that data has historically been sold as a “trigger lead” and dozens of calls are received. Starting March 5, according to the law, credit bureaus can no longer sell ...Read More
 
Starting Out Under 4.0% Despite Hotter PPI
2/27/2026 8:29 AM
We"d already discussed the fact that PPI has fallen by the wayside as a relevant market mover for bonds despite one or two instances of relevance nearly 2 years ago when bonds were desperate for any hints of change. Today"s PPI results and the ensuing bond market movement leave no doubt as to the relevance of this data. Spoiler alert: there"s basic...Read More




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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
 
Homebuyers are paying more for mortgage credit checks. Here’s why
2/22/2026 8:30 AM
Despite being a small part of closing costs, credit report fees have become a flashpoint in the mortgage industry...Read More
 
Personal loans surge amid affordability struggles: It's 'the middle-class refinancing option,' expert says
2/20/2026 7:30 AM
Some borrowers are turning to personal loans to refinance credit card debt. Those loans are expected increase nearly 6% this year, TransUnion forecast...Read More
 
From 'vanlords' to safe parking sites: How RVs became Silicon Valley's housing safety net
2/20/2026 11:23 AM
Across California, the number of people living in vehicles has surged in recent years due to soaring rents...Read More
 
Mortgage rates sink to the lowest level in a month, sparking more refinance demand
2/18/2026 7:06 AM
Mortgage rates dropped again last week, sparking a small jump in refinancing, but potential buyers were not impressed....Read More
 
Home sellers start getting lower prices at 70, research shows — and the gap widens with age
2/14/2026 8:30 AM
Two factors contribute to older homeowners receiving less money at sale, according to new research: lack of upkeep and selling privately...Read More




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