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Why We Saw Steady Selling All Day
6/30/2026 2:59 PM
Why We Saw Steady Selling All Day We expected volatility would pick up on Tuesday for one reason or another and it did not disappoint. Sadly, the direction of the movement was disappointing as bonds sold off steadily virtually all day. While there was a bit of selling after the job openings data at 10am ET,...Read More
 
Mortgage Rates Edge Modestly Higher
6/30/2026 1:39 PM
Starting last Thursday, mortgage rates have barely budged. In terms of our 30yr fixed index, the maximum day-over-day change has been 0.02% since then. The past 3 business days have seen rates either hold steady or move cautiously lower. Today"s rates moved higher, but at just as slow a pace. The underlying bond market primarily took cues from tra...Read More
 
Medical Profession, Refi Products; Fee Standardization Thoughts; Investors and ROAD Act
6/30/2026 10:57 AM
Today’s podcast can be found here and this week’s ‘casts are sponsored by Experian. From lenders and landlords to employers and consumers, Experian helps connect the housing ecosystem with the data and insights needed to make faster, confident decisions. Lead a smarter housing journey with Experian. Today’s has an interview with Experian’s Likhitha...Read More
 
Data Ramps Up And Another Dash of Quarter-End Trading
6/30/2026 8:21 AM
Before looking at trading screens this morning, the first order of business would have been to mention the ramp up in economic calendar activity. While the line item count is respectable, it"s really only the 10am Job Openings data that packs enough of a punch to represent any serious volatility risk. Even then, sometimes it hits and sometimes it d...Read More
 
Volatility Risk Ramps Up From Here
6/29/2026 2:25 PM
Volatility Risk Ramps Up From Here Monday made it clear that traders are playing by the typical summertime, holiday week rules which often see the first day of the week result in very low volume and volatility. While participation should remain lighter than normal, that"s no guaranty of an ongoing absence o...Read More
 
Mortgage Rates Inch to Another 6-Week Low
6/29/2026 2:07 PM
Mortgage rates ended last week at the lowest level since May 14th. Most of the recent drop happened last Wednesday, but each day since then has added a microscopic improvement. Today was no exception with the 30yr fixed rate index falling a mere 0.01%--the lowest increment we measure. The calendar of economic events was completely empty and conseq...Read More
 
Verification, AI Processing, Digital Closing Tools; Ways to Think About AI; Conventional Conforming News
6/29/2026 10:29 AM
Lenders often ask about improving their execution, and STRATMOR’s current blog is “Pricing That Can Help Borrowers.” MLOs occasionally ask about an online tool that can help potential borrowers understand the process. Here’s something for your new clients, especially those who are first-time home buyers: a short quiz to get them started on what to ...Read More
 
3.5-Day Week Starting Out Slow and Flat
6/29/2026 9:24 AM
At the risk of jinxing it, Monday is pretty much already in the back as an uneventful start to a holiday-shortened week (early close on Thursday and fully closed on Friday). Bonds were very flat overnight and are near unchanged levels in the first few hours. Unchanged is good in this case as it means we"re holding in a friendlier trading range unde...Read More
 
Early Gains. Flat Afternoon. MBS Underperform
6/26/2026 3:51 PM
Early Gains. Flat Afternoon. MBS Underperform Friday ended up offering a boring conclusion to a week that had at least some measure of excitement on Wednesday. Bonds started a hair stronger, lost ground modestly and then rallied to the day"s best levels by noon. From there, 10yr yields went perfectly sidewa...Read More
 
Mortgage Rates End Week at Lows
6/26/2026 2:06 PM
Mortgage rates officially hit their lowest level in more than a month yesterday with MND"s 30yr fixed index falling to 6.53% from 6.55% on Wednesday. Today was completely unchanged at 6.53%, thus maintaining the lowest level since May 14th, 2026.  There weren"t any dramatic developments behind the scenes in term of economic data or news headl...Read More




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Trump cancels signing of bipartisan housing bill ahead of tense meeting with GOP senators
6/24/2026 3:35 PM
President Donald Trump abruptly canceled the signing of a bill aimed at increasing housing affordability an hour before he was due at the Capitol for the ceremony...Read More
 
House passes affordable housing bill, sends it to Trump's desk
6/23/2026 9:02 PM
The House on Tuesday gave final passage to a bill aimed at lowering costs for homebuyers and reining in private equity...Read More
 
Progressive Brad Lander’s surging bid for Congress splinters Democrats' labor union alliance
6/23/2026 9:50 AM
Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt...Read More
 
Senate advances housing bill to limit private equity purchases of single-family homes
6/22/2026 5:38 PM
The House is also expected to advance a sprawling housing package this week that"s aimed at creating more supply and making homes more affordable...Read More
 
Homeowners tapped $47 billion in equity in the first quarter. What to consider before you borrow
6/19/2026 8:30 AM
While high home values mean homeowners are sitting on an estimated $11 trillion in equity, it should not be viewed as free money, experts say...Read More
 
Jim Cramer says next week's economic data will drive the markets
6/18/2026 5:56 PM
CNBC’s Jim Cramer said next week’s lighter earnings calendar will put the focus on key economic data...Read More
 
Nearly 80% of data center capacity is at elevated risk to climate hazards like flooding and fire, study says
6/18/2026 5:00 AM
The vast majority of data centers globally face either acute risk from climate change events or chronic risk from ongoing climate issues like extreme heat...Read More
 
Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
6/17/2026 3:24 PM
Here’s a look at how the Fed"s June interest rate decision may affect your finances...Read More
 
Trump sabotages Senate bid to fast-track Clayton as DNI, committee scuttles hearing
6/17/2026 12:47 PM
Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority...Read More
 
Mortgage rates are now falling but demand is still weaker
6/17/2026 9:10 AM
A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers...Read More




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