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Mortgage Rates Surge to 7-Month Highs
3/13/2026 1:12 PM
March hasn"t been a great month for mortgage rates and the past 3 days have been particularly bad. During that time, our daily rate index went from 6.09% on Tuesday to 6.41% today--the highest since September 4th, 2025.  While that"s certainly not the fastest jump we"ve seen, it"s the worst 3-day stretch since early April, 2025. Mortgage rate...Read More
 
Purchase Applications Buoy Mortgage Demand Amid Rising Rates
3/13/2026 12:16 PM
Mortgage application activity continued to move higher last week, though the pace slowed considerably as financial markets turned volatile and mortgage rates moved back up from their recent lows. The Mortgage Bankers Association (MBA) reported an increase of 3.2% on a seasonally adjusted basis for the week ending March 6. This week it was purcha...Read More
 
Modest Recovery Keeps Existing Home Sales in The Same Old Range
3/13/2026 12:13 PM
Existing-home sales rebounded modestly in February, recovering some ground after January’s sharp pullback, while improving affordability and slowly expanding inventory helped support buyer activity.Sales rose 1.7% to a seasonally adjusted annual rate of 4.09 million .  “Housing affordability is improving, and consumers are responding,” s...Read More
 
UAD 3.6, AI, Processing Tools; Capital Markets Deep Dive: the Undercurrents Moving Mortgage Rates
3/13/2026 10:41 AM
Products, Services, and Software for Brokers and Lenders Increase Your Business with Renovation Loans! Renovation lending is one of the biggest opportunities for brokers looking to expand their pipeline in today’s market. When inventory is limited, renovation financing helps turn fixer uppers into closed loans and creates new opportunities for bu...Read More
 
Decent Start, Lower Oil Prices, Weaker Data
3/13/2026 8:07 AM
There"s a high bar for econ data to have any impact on bonds these days and that"s especially true of inflation reports like this morning"s PCE. Thankfully, no one needs to make a case for PCE having an impact, but the small amount of help for bonds came from a big miss in core retail sales and, to a lesser extent, a fairly chunky downward revision...Read More
 
War Protest: Bond Market Edition
3/12/2026 3:38 PM
War Protest: Bond Market Edition There"s no quicker way to classify the movement we"ve seen over the past 2 weeks. The market is actively protesting the war in Iran--not because it"s a sentient being that cares about violence, but rather because the implications for inflation, economic uncertainty, and Trea...Read More
 
Mortgage Rates Spike to 2026 Highs
3/12/2026 2:55 PM
Mortgage rates are driven by the bond market. Although bonds only experienced moderate, steady weakness throughout the day, mortgage rates lurched higher by an amount typically seen when the market is reacting to big, breaking news.  But there wasn"t any of that sort of news on tap today--just downbeat updates that reinforced a longer timelin...Read More
 
Bonds Remain On The Run
3/12/2026 10:30 AM
The bond market doesn"t look like it can catch a break as long as war persists in Iran. If it"s not oil, it"s fertilizer, nat gas, military spending, or a host of other inflationary knock-on effects that bode ill for the fixed income sector. Yes, the implied economic fallout would help offset the inflationary impulses, but not enough for rates to m...Read More
 
AI Roadmap, UAD 3.6, Repurchase Tools; False Claims Act Rumors; STRATMOR"s Subservicing Survey
3/12/2026 10:09 AM
Products, Services, and Software for Brokers and Lenders Home equity lending is having a moment. The challenge for many lenders? The process behind it still looks like 2015: manual workflows, vendor emails, and too much operational juggling. FirstClose is hosting a 30-minute webinar on March 19 at 1 PM CT that examines how lenders are modernizing...Read More
 
General Selling Spree Continues
3/11/2026 4:10 PM
General Selling Spree Continues It hasn"t exactly been perfectly linear, but the month of March has generally been a one-way trade for the bond market. In less than 2 weeks, 10yr yields are up from 3.95 to 4.22+ without any provocation from econ data. Today was another example as CPI came in right in line w...Read More




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Mortgage rates surge to highest since September, hitting spring housing market
3/13/2026 2:25 PM
Mortgage rates jumped to a seven-month high Friday as war in Iran pushed bond yields higher...Read More
 
'High oil prices are not good for mortgage rates,' economist says. What homebuyers should know
3/13/2026 8:49 AM
Heading in the spring home selling season, buyers should know what their options are before locking in an interest rate for a new mortgage, experts say...Read More
 
Housing affordability bill clears Senate as investor ban creates headaches
3/12/2026 3:36 PM
The Senate passed the bill 89-10, but House lawmakers say more changes are needed before it could go to President Donald Trump"s desk...Read More
 
Investor ban on buying homes stalls housing affordability bill
3/11/2026 11:37 AM
A bill to increase housing supply and decrease costs is set to sail through the Senate on Thursday, but House leaders foresee further negotiations...Read More
 
Weekly mortgage demand from homebuyers increased despite big interest rate volatility
3/11/2026 7:24 AM
Mortgage rates surged higher last week to due rising oil prices, causing a recent boom in refinancing to pull back...Read More
 
February home sales see small rebound, but supply growth is 'sluggish'
3/10/2026 11:44 AM
Home sales made a small gain to start the year, but higher mortgage rates now could throw cold water on the spring season...Read More
 
As Iran war disrupts oil prices, consumers could be 'hammered,' economist says
3/10/2026 6:40 AM
The Iran war may impact U.S. consumers far beyond the gas pump, raising inflation expectations and causing an uptick in the yield on the 10-year Treasury note...Read More
 
Middle-income homebuyers have $30,000 more buying power than a year ago, research finds. It's still not enough
3/7/2026 8:30 AM
While the amount that a median-income household can afford is higher than it was a year ago, it is still below the median price for a single-family home...Read More
 
Mortgages in 47 seconds: Better’s new ChatGPT app targets lenders Rocket and UWM
3/5/2026 2:42 PM
Creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks....Read More
 
Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low
3/6/2026 3:30 PM
Frustrated sellers who pulled homes off the market last fall are now relisting them at a quick pace, thanks to lower mortgage rates, but supply is still low...Read More




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