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Broker, DPA, AI Governance, Benchmark, U/W Products; Webinars; STRATMOR on Mergers
10/30/2026 10:41 AM
As companies around the nation stage in-person or virtual costume contests, here’s some information for you a little off the beaten path. People want to own a home (“no one grows up wanting to be a renter”) regardless of… the amount of daylight? Looking at averages in the Continental United States (not Alaska or Hawaii), the difference between the ...Read More
 
Bond Yields Not Eager to Follow Stocks Lower
10/30/2026 8:59 AM
Bonds were initially stronger in the overnight session with 10yr yields briefly falling under 4.90%. The rally generally aligned with overnight losses in the stock market, at least at first. When European markets came online, bonds began drifting more sideways even as stocks gradually declined to new lows. Given that today is month-end and that muc...Read More
 
Tech Jitters are Back. Bonds Like It
10/29/2026 4:08 PM
Tech Jitters are Back. Bonds Like It As has been the case for the past several weeks, the near-term fate of the rate rally is dependent on tech jitters. While those had leveled off in a sideways pattern over the first few days of the week, they resurfaced today, both at the NYSE open and close. The 4pm move...Read More
 
Rates Dip to New Multi-Week Lows
10/29/2026 3:16 PM
After 4 rather uneventful trading days, the bond market (which underlies interest rate movement) experienced a bit more volatility today. Fortunately, it was volatility in a friendly direction. 10yr Treasury yields ended the day at their lowest level since September 22nd. Mortgage rates dropped to their lowest mark since September 23rd for the ave...Read More
 
Non-QM Execution, Real Estate Agent Service, UAD 3.6, Jumbo Products; Freddie Earnings
10/29/2026 10:12 AM
Artificial intelligence continues to capture the imagination of a wide range of companies, including lenders. “Why Underwriting Is the Right Problem for AI to Solve First,” is a topic on a recent Thought Leadership piece. It will be a topic on today’s The Big Picture with James Sais, the head of mortgage lending at Fifth Third Bank. You may be thin...Read More
 
No Whammies From PCE Data. Tech Plunge Helping
10/29/2026 8:48 AM
PCE inflation was almost perfectly in line with even the unrounded expectations. The monthly core number was 0.32 vs 0.34 (or .3 vs .3 on most econ calendars). Perhaps the modest miss helps explain the modest drop in yields at 8:30am.  All in all though, it was a small enough response as to obviate any further consideration. Bonds experienced ...Read More
 
Minimal Impact From Fed
10/28/2026 3:50 PM
Minimal Impact From Fed Fed day has come and gone with minimal fanfare. Markets ultimately found reason to downgrade expectations for future rate hikes (likely due to Warsh"s general "wait and see" comments during the press conference), but at the expense of a bit of weakness in the longer end of the yield ...Read More
 
Mortgage Rates Move Modestly Higher
10/28/2026 3:15 PM
Today"s Fed announcement had no impact on mortgage rate movement, and minimal impact on intraday bond market volatility. Well before the Fed announcement, the bond market was already slightly weaker compared to yesterday"s latest levels. As a result the average mortgage lender set rates just a hair higher. Despite the increase, 30yr fixed rates ar...Read More
 
Here"s What Changed in The New Fed Announcement
10/28/2026 1:00 PM
The Federal Open Market Committee approved the following statement for release by a 12 10 – 0 2 vote: The Committee decided to raise maintain the target range for the federal funds rate by 1/4 percentage point to at 3-3/4 to 4 percent, in support of the Federal Reserve"s dual mandate. The Committee is continuing its policy of maintai...Read More
 
AI Governance, License Renewal, Servicing Transfer, SOC Products; Fannie Earnings
10/28/2026 10:01 AM
The other day I went to Costco, and for $5.99 bought a pumpkin pie the size of a hubcap. What inflation? Costco’s hot dog/soda combo or the rotisserie chicken are loss leaders, but actual gasoline, beef, lettuce, restaurant meals, goods from overseas, and other items’ price changes have kept inflation in the headlines and impacted mortgage rates. (...Read More




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Home prices fall and rents rise, both for the first time in three years
10/29/2026 9:17 AM
The median U.S. home sale price fell for the first time in more than three years, according to a new report from Redfin, a real estate brokerage...Read More
 
Fed leaves rates unchanged: What it means for credit cards, mortgages, auto loans and savings accounts
10/28/2026 3:59 PM
The Fed"s benchmark affects many consumer borrowing costs, including the rates tied to mortgages, credit cards, auto loans and savings accounts...Read More
 
Mortgage rates fell for the second straight week, but more borrowers still sought savings in riskier loans
10/28/2026 6:33 AM
Mortgage rates have fallen over the past two weeks, but demand is only slightly higher, and more borrowers are looking for savings in riskier loans...Read More
 
Frozen housing market sends remodelers mixed messages
10/27/2026 7:20 AM
Home remodelers have always served two different markets, but the current state of housing is now pulling them opposite directions...Read More
 
CRE debt is due, presenting a 'massive' opportunity
10/27/2026 5:35 AM
A massive wall of commercial real estate debt is coming due now and over the next two years. For some, this presents an opportunity. ...Read More
 
Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers
10/26/2026 1:51 PM
The Federal Reserve is expected to keep its overnight rate unchanged at the conclusion of its October meeting this week...Read More
 
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




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