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Flat Overnight And Slow Start
5/29/2026 9:03 AM
Bonds were flat overnight for a change, with just a bit of 2-way volatility but no notable directional movement. Without any new or interesting war-related headlines, what else can we even discuss in May, 2026? There"s some econ data in the form of the highest Chicago PMI reading since 2022.  At 62.7 vs a 50.5 forecast, it absolutely obliterat...Read More
 
Spoiler Alert: Yes, It Was War Headlines
5/28/2026 2:46 PM
Spoiler Alert: Yes, It Was War Headlines Need a way to explain overnight weakness in the bond market? War headlines. Need to know why bonds rallied sharply just after 10am ET to hit the best levels in 2 weeks? Yep, more war headlines. Granted, the 8:30am econ data was not completely ignored. A slightly soft...Read More
 
Mortgage Rates Officially Hit 2 Week Lows
5/28/2026 2:08 PM
We were close yesterday and we officially arrived today. Mortgage rates may still be elevated compared to almost all of the past 10 months, but they"re the lowest they"ve been since May 14th.  This was accomplished with a modest drop versus yesterday"s levels after another round of news on a potential U.S./Iran peace deal. This morning"s infl...Read More
 
Hedging, Verification, CRM, AI, Automated Pricing, Fraud Detection Tools; STRATMOR on AI
5/28/2026 10:55 AM
What is something that small and mid-sized lenders can’t offer? Chase rolled out a program for borrowers to earn 100,000 Chase Points. (Bilt and UWM rolled out something similar a while back.) But, nearly every lender can help borrowers with the cost of a mortgage, and STRATMOR’s current blog is “Pricing That Can Help Borrowers.” In addition, in th...Read More
 
Not The Supertanker Bonds Were Looking For... But We"ll Take It
5/28/2026 8:31 AM
There"s a supertanker load of data this morning with some apparently interesting results, but the market remains focused primarily on supertankers being able to transport oil. Those prospects were dealt a fresh blow overnight as both sides reported renewed attacks. Bond yields and oil prices jumped clearly in response, but not in an overly aggressi...Read More
 
In a Shocking Twist, Bonds Relive Another Groundhog Day
5/27/2026 3:03 PM
In a Shocking Twist, Bonds Relive Another Groundhog Day The present week began on a stronger note thanks to news that came out on Monday regarding a U.S./Iran peace deal being within reach. This time around, it was the fact that Iran"s state TV shared a draft of the framework for the memo that serves as the...Read More
 
Mortgage Rates Hold Lowest Level in Nearly 2 Weeks
5/27/2026 2:47 PM
Early in the trading session, the bond market began improving in response to more updates on a potential Iran peace deal. When bonds improve, rates fall, but the initial reaction proved short-lived.  Thankfully, the reversal didn"t do any new damage. This allowed the average lender to keep rates right in line with yesterday"s 6.61% for a top-...Read More
 
AI Leveraging, Lead Engagement, Servicing, Compliance Tools; Non-Agency Product News
5/27/2026 10:06 AM
How ‘bout this one: A firefighter went to the college graduation ceremony for a baby he helped deliver many years ago. Loan originators can be involved in many life events of their clients as well, as the months and years roll on, something that a software program can’t do. They’re also in a great position to explain the nuances of the summer home ...Read More
 
Stronger Start on Yet Another Peace Deal Headline
5/27/2026 7:50 AM
It seems that we"ve seen slight variations on the same peace deal news for the past several days. That"s probably because there is an actual peace deal that"s probably near the actual finish line and that"s probably why the market is actually willing to trade it. This morning"s headlines were as simple as any recent example: Iran"s state TV obtaine...Read More
 
Good Reminder That The Market Gets to Decide What Matters
5/26/2026 2:32 PM
Good Reminder That The Market Gets to Decide What Matters If oil, Treasuries, stocks, and the rest of the market were completely closed, and if we could only estimate the probable impact of the news that"s been available over the past 3 days, it would be hard to make that case that bond yields should be any...Read More




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42% of homeowners say insurance costs have gone up 'a lot,' survey finds. Here's why
5/27/2026 7:15 AM
Inflation, climate change and other factors have combined to push up premiums for homeowners insurance — with broad implications for consumers and the economy....Read More
 
Mortgage refinance demand drops 18% as rates hit highest level since August
5/27/2026 6:23 AM
Mortgage rates rose to the highest level in nine months, hitting refinance demand hardest. Homebuyers also pulled back but were still more active than last year...Read More
 
Wells Fargo to offer mortgage incentives on 3D printed homes with Icon
5/26/2026 7:16 AM
Wells Fargo will provide a 50 basis point lender credit to buyers of Icon homes using its mortgages...Read More
 
What the AvalonBay, Equity Residential megamerger means for the apartment industry and rents
5/22/2026 7:55 AM
The deal will create one of the largest real estate companies in the U.S., with more than 180,000 rental apartments. ...Read More
 
Rising mortgage rates cause surge in demand for riskier loans
5/20/2026 6:33 AM
Mortgage rates continued to rise last week, causing more borrowers to head to adjustable-rate loans, which are cheaper but considered riskier....Read More
 
House approves breakthrough housing bill in a win for investors
5/20/2026 12:35 PM
The U.S. House approved an updated housing affordability bill after removing industry-opposed requirements on selling build-to-rent homes...Read More
 
Mortgage rates surge to highest level since July
5/19/2026 3:06 PM
Mortgage rates continued to move higher Tuesday on uncertainty over the war with Iran. They are at the highest level since last July...Read More
 
Homebuilder sentiment improves on late spring surge in demand
5/18/2026 10:58 AM
Builders are feeling slightly better about the housing market, as they see improved buyer traffic in a potential late spring surge....Read More
 
Why a small UK lender has major U.S. credit firms on edge
5/18/2026 12:00 AM
The continuing fallout from MFS" collapse has heightened fears that problems in complex credit markets pose a broader systemic risk....Read More
 
Why your 'fixed' mortgage payment keeps going up
5/17/2026 8:30 AM
Rising property taxes and surging homeowners insurance costs are pushing up the amount that homeowners must pay monthly alongside their mortgage...Read More




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