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Bonds Drift Weaker Despite Lower Oil Prices
4/10/2026 3:22 PM
Bonds Drift Weaker Despite Lower Oil Prices Although they still technically made positive progress versus the end of last week, bonds ended the day moderately weaker. Lower oil prices offered no support, but that"s a tricky correlation these days. Longer-term oil contracts continue lining up with bond yield...Read More
 
Mortgage Rates Remain Surprisingly Calm
4/10/2026 12:44 PM
If we"re splitting hairs, today"s average mortgage rates are technically higher than yesterday"s, but the change is so small that it"s just as fair to say that rates are flat. This closes out a week with surprisingly low volatility compared to that seen in March. In part, this can be attributed to longer-term oil prices being less volatile after m...Read More
 
Mortgage Demand Contracted at a Slower Pace Last Week
4/10/2026 12:30 PM
Mortgage applications dipped again last week, though the pace of decline slowed considerably. The Mortgage Bankers Association (MBA) reported a 0.8% decrease on a seasonally adjusted basis for the week ending April 3. Refinance activity continued to weaken, with the Refinance Index falling 3% from the previous week and now sitting 4% below y...Read More
 
UAD 3.6, Spec Pool Tools; Credit Report FICO Program; Client and Market Trends For LOs to Monitor
4/10/2026 10:34 AM
Products, Services, and Software for Brokers and Lenders Yesterday this Commentary mentioned a guide titled, “AI in the Workplace: Acceptable Use Policies, Data Risk, and the Discovery Trap.” Many wrote for the piece, which is now posted on the internet! Spring EQ (NMLS# 1464945) is hosting a webinar next week (Tuesday, April 14 at 2:00 p.m. ET)...Read More
 
No Whammies in CPI Data (And No Bond Market Reaction)
4/10/2026 8:06 AM
The median forecast for monthly core CPI was 0.28% (0.3 after rounding up for most econ calendars). Today"s actual number was 0.196--obviously quite a bit lower than forecasts. In addition, supercore fell to .179 from .349. Despite those victories, forecasts correctly predicted a sharp rise in headline inflation which moved up from 2.4% to 3.3% yea...Read More
 
Roughly Unchanged After Moderate Headline-Driven Volatility
4/9/2026 2:55 PM
Roughly Unchanged After Moderate Headline-Driven Volatility As has been the recent custom, there were dueling headlines concerning the Iran war today with opposing claims regarding the status of the Israel/Lebanon ceasefire. If that sounds like kind of a stretch when it comes to bond market significance, bo...Read More
 
Mortgage Rates Trickle Just a Bit Lower
4/9/2026 2:25 PM
Many borrowers will see no difference between yesterday and today"s mortgage rate quotes. The average lender moved just a hair lower. Once again, the rate market is responding to war-related headlines and their impact on oil prices. Rates don"t always care what oil prices are doing, but at present, there"s more correlation than normal due to the i...Read More
 
Commercial, UAD 3.6, Data Analysis Tools; AI Governance, Consistency, and Focusing on the Basics
4/9/2026 10:52 AM
VantageScore, created in 2006, is a joint venture by the three major credit bureaus (Equifax, Experian, and TransUnion). Will it change your lending process? Possibly. Do government regulations change your lending process? States have trigger lead requirement overlays, over and above what was enacted at the Federal level in March. (Talk to your att...Read More
 
Flood of Data. No Real Reaction. Back to Watching Headlines
4/9/2026 8:08 AM
The overnight session leading into this morning"s open was completely sideways--especially compared to yesterday"s example. The boatload of econ data line items did nothing to change that. Expectations weren"t high anyway. GDP (Q4) and monthly PCE (February) are both too stale to matter. Jobless Claims were a mixed bag with initial claims rising su...Read More
 
Bonds Lose Almost All The Overnight Gains
4/8/2026 3:33 PM
Bonds Lose Almost All The Overnight Gains Bonds rallied sharply overnight--adding onto an already decent rally yesterday afternoon that took 10yr yields from 4.38% to 4.23% in less than 24 hours. Now at Wednesday"s close, we"re back to unchanged levels near 4.30%.  The move follows a similar correction...Read More




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The U.S. housing markets where million-dollar listings are standard
4/8/2026 9:52 AM
Nearly all of active listings in Nantucket, Massachusetts, cost at least $1 million...Read More
 
Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty
4/8/2026 8:22 AM
Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers...Read More
 
Iran war upends spring housing market. Here's what real estate agents are seeing
4/7/2026 12:29 PM
Home buyers in the first quarter were more concerned about the economy and mortgage rates than they were about home prices, CNBC"s Housing Market Survey found...Read More
 
Zohran Mamdani and the business exodus? New York's office real estate market is up under new mayor
4/6/2026 10:31 AM
Reports Apollo Global Management is planning a second HQ in the US South renewed debate over a business exodus under NYC Mayor Mamdani. Data doesn"t support it...Read More
 
Weekly mortgage refinance demand is down more than 40% in the past month
4/1/2026 6:29 AM
Mortgage demand from both homeowners and potential homebuyers is dropping due to higher mortgage rates and concern over the war with Iran....Read More
 
Opendoor acquires Doma's closing and escrow business in bid to lower mortgage refinance costs
3/31/2026 7:00 AM
Doma"s technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions....Read More
 
Trump ban on investor homebuying may come at cost of a bigger real estate deal
3/29/2026 8:43 AM
President Trump"s plan to ban big investors from home ownership may not be the key to reviving the American Dream in affordable housing legislation...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




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