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Mortgage Rates Stage Moderate Recovery From Long-Term Highs
7/14/2026 2:17 PM
Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late July 29, 2025. The key contributor to the recent spike has been the uptick in fuel prices in July combined with the fact that rates never made it any lower than 6.52% over the past 2 months. In other words, we were already in...Read More
 
CRA, Call Report, Non-QM U/W Tools; ROAD to Housing Bill Viewed; Immigration and Credit Reminder
7/14/2026 10:22 AM
Ever heard someone say something that was blatantly misleading? On July 16, at 2PM ET, you can race to buy one of Olive Garden’s 10,000 “Never Ending Pasta Passes.” But it does end, after 13 weeks. Yup, for $100 you can economically gain a lot of weight, since it’s in our DNA to do so. Speaking of DNA, do you really think that it is in the DNA of r...Read More
 
Strong Start After Sharply Lower CPI
7/14/2026 7:56 AM
The Consumer Price Index came in FAR below expectations with a core reading of 0.0 vs 0.2 forecasts. In unrounded terms, it was -0.17%. Headline CPI was more sharply negative than expected at -0.4 vs a -0.1 forecast. Supercore (which excludes housing) was down -0.2 which is the first negative reading in over a year. Core goods also remained in nega...Read More
 
Mortgage Rates Near 1-Year Highs
7/13/2026 3:12 PM
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you"re an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let"s say the payment is $5 or enough to buy a dozen eggs.  Now let"s say inflation raises the pr...Read More
 
Fraud Report, AMC, Non-QM Products, eNote News; ROAD to Housing Thoughts; Oil and Rates
7/13/2026 10:55 AM
Recently, MISMO released its new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity,” providing guidance for originators, warehouse lenders, investors, and technology providers to implement digital mortgage solutions. Today at 10AM PT is Now Next Later, presented by Relcu, where Jeremy Potter and Eric Lapin are jo...Read More
 
Weekend Weakness And Another Showdown With a Technical Ceiling
7/13/2026 8:21 AM
Bonds are weaker to start the new week and the catalyst is simple. The U.S. ramped up air strikes in Iran, both in terms of number and distance inland. Iran responded by hitting various allied targets. Perhaps more importantly for financial markets, shipping traffic has returned back to war-time lows after a noticeable surge in the 2nd half of June...Read More
 
Some Bond-Specific Weakness in The Afternoon
7/10/2026 2:50 PM
Some Bond-Specific Weakness in The Afternoon Oil and Treasury yields were almost perfectly correlated for almost the entire week. Friday afternoon was an exception. Oil continued sideways to slightly lower while yields rose a bit. Overall damage was negligible, but it was interesting nonetheless. While ther...Read More
 
Mortgage Rates End Week Roughly Unchanged
7/10/2026 1:39 PM
Rates are based on bonds and bonds have been taking cues from oil prices this week. Oil was flat overnight, bringing bonds along for the sideways ride. As such, the average mortgage lender began the day almost perfectly in line with yesterday"s latest levels.  All that having been said, bonds experienced some of their own weakness in the afte...Read More
 
Existing-Home Sales Continue Sideways Trend in June
7/10/2026 1:25 PM
Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to influence buyer activity. According to the National Association of REALTORS®, sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million , though they remained 2.8% above their level from a year earlier....Read More
 
Mortgage Applications Ease During Holiday-Shortened Week
7/10/2026 1:21 PM
Mortgage application activity slipped modestly last week as both purchase and refinance demand eased during the holiday-shortened period. The Mortgage Bankers Association (MBA) reported a 2.2% decrease in total application volume on a seasonally adjusted basis for the week ending July 3, with results adjusted for the Fourth of July holiday. Purc...Read More




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New housing law targets affordability — what it means for homebuyers and sellers
7/11/2026 8:41 AM
While the legislation is aimed at least partly at addressing affordability, experts say the benefits of the measure will take time to show up in the market...Read More
 
These are America's 10 cheapest states for 2026, where you can still beat inflation 
7/10/2026 9:50 AM
These are America"s cheapest states to live in for 2026, where residents can still beat inflation...Read More
 
These are America's 10 most expensive states for 2026, where inflation is punishing residents
7/10/2026 8:56 AM
These 10 U.S. states are the most expensive places to live in America in 2026, with inflation punishing residents to an extreme degree...Read More
 
Trump says he won't sign housing bill, which would become law automatically
7/10/2026 2:04 PM
Congress passed the housing bill in June with strong bipartisan support amid concerns of rising home prices and institutional investors affecting the market...Read More
 
June home sales disappoint as prices reach an all-time high
7/9/2026 9:44 AM
Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high...Read More
 
Weekly mortgage demand drops as rates remain stuck in a narrow range
7/8/2026 7:09 AM
Mortgage rates barely moved last week and haven"t moved much in more than a month. That is resulting in lackluster mortgage demand...Read More
 
Far more real estate agents now report seeing a balanced market, CNBC Housing Market Survey finds
7/7/2026 11:03 AM
Agents who reported at least one price cut to active listings dropped dramatically from prior surveys...Read More
 
Manhattan luxury real estate sales hold firm despite fears of a 'Mamdani effect'
7/3/2026 7:00 AM
A month after the passage of a tax on second homes in New York City, brokers and analysts said sales of luxury real estate remain strong...Read More
 
5 takeaways from President Donald Trump's interview with CNBC
7/2/2026 6:20 PM
The president defended his family"s business and said he feels bad that the presidency creates a conflict of interest in any of his children"s investments...Read More
 
Brookfield wants to build AI data centers in London’s answer to Wall Street
7/2/2026 8:57 AM
Brookfield"s CEO said the firm is bringing data centers to London"s Canary Wharf, as demand for AI infrastructure in the U.K. soars...Read More




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