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Slightly Weaker, But Much Stronger on The Week
10/23/2026 2:53 PM
Slightly Weaker, But Much Stronger on The Week Friday was calm and sideways in the bigger picture. Sure, a 4+ bp increase in 10yr yields and an MBS decline of just over an eighth of a point might sound somewhat unpleasant on the average day, but considering we saw 4 times as much movement in the other, frie...Read More
 
Modest Uptick in Rates But Still Near 1-Month Lows
10/23/2026 2:02 PM
Yesterday was an exciting day for rates with the lowest levels since September 23rd and a fairly brisk decline versus the previous day.  Today? Fairly boring by comparison. Rates were technically a hair higher, which isn"t too surprising given the prevailing motivations in the tech sector. Yesterday"s rate rally coincided with heavy selling i...Read More
 
Mortgage Applications Aren"t Ready to Rebound Just Yet
10/23/2026 1:56 PM
Mortgage applications continued to decline even as mortgage rates finally moved lower. The Mortgage Bankers Association (MBA) reported a 5.3% drop in total application volume for the week ending October 16, despite the first weekly decline in mortgage rates in more than two months. The average 30-year fixed mortgage rate fell to 7.41% from 7.5...Read More
 
Building Permits Hold Steady Despite Slide in Housing Starts
10/23/2026 1:50 PM
Residential construction failed to find even footing in September, with housing starts declining and single-family building permits pulling back, while total permits held nearly steady and completions edged higher. This week"s Census Bureau data highlights weakness in new construction, particularly on the single-family side, while starts and comple...Read More
 
Builder Confidence Hits Lowest Level Since 2012
10/23/2026 1:46 PM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) dropped three points to 29 in October--its lowest level in 14 years. As per usual, higher mortgage rates, rising costs, and worsening labor and lot conditions were the driving factors.  All three component indices declined, with prospective buyer traff...Read More
 
Company Valuation, Equity, Friction Audit, Vendor Mgt., Borrower Communication Tools; Capital Markets
10/23/2026 10:46 AM
Lender and Broker Products, Services, and Software The ability to move swiftly and confidently through the origination and underwriting process matters more than ever. That’s why Plaid is empowering mortgage bankers to close faster, with more certainty. With Plaid, you can instantly verify an applicant’s assets, income, and employment, all straig...Read More
 
Et Tu, S&P PMI?
10/23/2026 8:16 AM
Little has changed between yesterday"s close and this morning"s early trading. 10yr yields are still several bps under 5%. MBS are still effectively at the highest levels in a month.  Tech isn"t happy, with futures hugging yesterday"s lows ahead of the open. One difference, however, is that we"ll get a piece of economic data this morning that ...Read More
 
Tech Tanks and Bonds Pick Up The Slack
10/22/2026 3:48 PM
Tech Tanks and Bonds Pick Up The Slack What began with focus on funding concerns for Coreweave (and, to a lesser degree, a very small handful of other companies) is spreading to bigger tech names today. Mix and match your favorite combo of disappointing earnings, underwhelming guidance, or cautionary tales ...Read More
 
Another Nice Drop For Rates, Now Near 1-Month Lows
10/22/2026 2:50 PM
Interest rates continue taking cues from the market rethinking the pace of AI-related growth/spending. Last week"s focus was on Coreweave and a few other companies who saw their cost of financing rapidly increase--a sign that investors were starting to worry about future return of capital. One remedy for such worries is to shift money into the safe...Read More
 
LO Performance, AI Governance, ARM, Non-QM Execution, U/W Tools; In-Person Events Into 2027
10/22/2026 10:02 AM
Lender and Broker Products, Services, and Software “Ready to get ahead of what’s next in mortgage technology? Join us for the client-exclusive Optimal Blue Summit 2027, taking place Feb. 1 – 3, 2027, at the JW Marriott Desert Ridge Resort & Spa in Scottsdale, Arizona, for hands-on training, insightful breakout sessions, product demonstrations...Read More




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Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers
10/23/2026 5:27 PM
Trump"s executive order on housing aims to lower mortgage costs. Here"s what it means for homeowners and buyers...Read More
 
Mortgage rates drop for the first time in 2 months, but demand still falls further
10/21/2026 8:13 AM
Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market...Read More
 
September data shows housing market in a deep freeze
10/20/2026 9:18 AM
New data on the housing market"s performance in September is bleak, with sales, construction and sentiment all falling more than expected...Read More
 
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




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