profile picture
:
 
Some Resilience After AM Weakness
3/27/2026 3:16 PM
Some Resilience After AM Weakness 10yr yields are set to end the week at the highest levels since last July, but those were even higher highs earlier this morning. From roughly 9am-1130am ET, bonds recovered all of the day"s losses in a move that was led by adjustments to Fed rate hike expectations.&nb...Read More
 
Mortgage Rates Inch Up to Another Long-Term High
3/27/2026 1:29 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 another 8 month high. The good news is that things were looking quite a bit worse earlier in the morning. Mortgage lenders prefer to set rates once per day even though those rates are dictated by move...Read More
 
No Surprise: Refi Demand Sapped by Rate Spike
3/27/2026 12:44 PM
Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.5% on a seasonally adjusted basis for the week ending March 20. Both major components moved lower. The Refinance Index fell 15% from the previous week, th...Read More
 
Verification, Non-QM Hedging Tools; Builder Trends That Impact LOs; Student Debt News; Automation and Processing
3/27/2026 10:52 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 best efforts is leaving value on the table. Accumulating bulk and improving execution is possible, but it involves taking price risk on the non-QM loans, and this requires hedging. A new technical...Read More
 
Bonds Fade De-Escalation Hopes
3/27/2026 9:12 AM
Markets were presented with an opportunity just before the close yesterday to put their faith in another ceasefire-style announcement, but have instead opted to stick with prevailing momentum (lower stocks, higher yields and oil prices). Part of the reason is that rather than a true ceasefire, the announcement merely delayed a major escalation ...Read More
 
That Escalated Quickly
3/26/2026 3:11 PM
That Escalated Quickly It would be easy to check in on the bond market at some point on Thursday afternoon and conclude there"d been precipitous escalation in the Iran war or some other big new development putting pressure on bonds (10yr yields up almost 10bps to 4.42+ and MBS down more than 5/8ths). But to...Read More
 
Rates Leap to Another Multi-Month High
3/26/2026 1:49 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 broader market reaction to the Iran war which has caused significant and almost exclusive upward movement in interest rates for the entire month of March. Average 30yr fixed rates have been at or nea...Read More
 
BI, Fraud, Non-QM, HELOC Products; Capital Markets; At What Point Do You Verify Something?
3/26/2026 10:43 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 firms that specialize in it including Feewise, Truework, Asurity, RiskExec, TENA, ACES Quality Management, Firstline Compliance, and LicensingStore.com listed in the Marketplace. There’s always something ...Read More
 
Oil And Yields Move Back Up
3/26/2026 8:21 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 into weaker territory. Said differently, Iran war de-escalation sentiment is increasingly drying up, thus causing higher oil prices, higher bond yields, and lower stock prices. Additionally, the...Read More
 
Noticeably Lighter Volatility. Why?
3/25/2026 3:04 PM
Noticeably Lighter Volatility. Why? Wednesday offered a welcome break from the pervasive volatility seen since the start of the Iran war. It was among the narrowest trading ranges of any single day in March, especially during domestic trading hours. This is somewhat surprising considering the preponderance ...Read More




:
 
Analysis: What might trip up Kevin Warsh and his agenda as Fed chair
3/27/2026 1:30 PM
Kevin Warsh would enter the Fed as its chair with an agenda to enact that goes beyond cutting interest rates...Read More
 
Sen. Warren rips Federal Reserve chair pick Kevin Warsh: 'You have learned nothing from your failures'
3/27/2026 10:52 AM
Kevin Warsh"s nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell...Read More
 
Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
3/26/2026 5:18 PM
Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure....Read More
 
Fannie Mae accepts first crypto-backed mortgage product
3/26/2026 12:59 PM
Better Home and Finance is partnering with Coinbase on a crypto-backed mortgage that conforms to Fannie Mae guidelines....Read More
 
How the Iran war could crush the U.S. housing recovery, and it's not just about mortgage rates
3/25/2026 2:34 PM
A combination of higher mortgage rates and economic uncertainty are reversing what was expected to be a recovery year in the housing market...Read More
 
Single women see homeownership as 'a wealth-building tool,' economist says, but buying remains a challenge
3/26/2026 6:22 AM
For years, single men who were first-time homebuyers had higher annual income than their female counterparts, according to the National Association of Realtors...Read More
 
Mortgage demand drops more than 10% as rates hit the highest level since October
3/25/2026 8:09 AM
Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further....Read More
 
Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
3/24/2026 11:40 AM
The move comes as part of Britain"s response to the Iran war, with the conflict triggering the largest supply disruption in the history of the oil market...Read More
 
Swalwell drops lawsuit against FHFA's Pulte as California governor race heats up
3/23/2026 1:14 PM
Eric Swalwell drops suit alleging FHFA"s Pulte used private information to hurt President Donald Trump’s critics, leaking details about Swalwell"s family home...Read More
 
The spring housing market is on, but mortgage rates just shot higher. Here's what to know.
3/20/2026 2:03 PM
This spring"s housing market is on, but economic headwinds are pushing back most of the advantage that buyers have gained over the past year in affordability...Read More




There was a problem returning the RSS feed.