|
|
|
||
| Hedging, HOA Lien Monitoring, Reverse Products; Webcasts; CFPB"s Humility Pledge | ||
| 6/11/2026 9:51 AM | ||
| Broker and Lender Products, Software, and Services On the PGA Tour, the player who enters Sunday’s final round in first place only goes on to win about one-third of the time. Getting close and finishing the job are two different things. Optimal Blue"s May Market Advantage report found a similar dynamic in mortgage pipelines: Purchase loans accoun...Read More | ||
| Some Volatility and Resilience After Trump Comments and Data | ||
| 6/11/2026 8:44 AM | ||
| Bonds were reasonably stronger in the overnight session with 10yr yields down roughly 4bps from 4.56 to 4.52. About 8 minutes before the PPI data came out, a series of Trump comments on the Iran war sent oil prices and bond yields higher (new strikes and intent to take Kharg Island). PPI added to the pressure with the monthly headline hitting 1.1% ...Read More | ||
| War Headlines Cause Mid-Day Reversal | ||
| 6/10/2026 3:04 PM | ||
| War Headlines Cause Mid-Day Reversal Bonds started the day inconsequentially weaker and picked up some gains after CPI came in a hair lower than expected at the core level. Just before noon, yields began rising and ultimately hit the 3pm close up a few bps versus yesterday. MBS were down about an eighth of ...Read More | ||
| Mortgage Rates Remain Almost Perfectly Flat | ||
| 6/10/2026 1:32 PM | ||
| There"s been remarkably little change in mortgage rates so far this week. Monday saw a modest increase vs Friday, but since then, there"s been essentially no change. Today"s rates were technically 0.01% lower than yesterday"s, but many lenders were perfectly unchanged. This is an acceptable result given the presence of high stakes economic data an...Read More | ||
| Credit, Verification, Database, Retention, Broker Tools; FTC Penalty; Cost of Living Increases | ||
| 6/10/2026 10:51 AM | ||
| “Rob, everyone knows that the GSEs (Freddie Mac and Fannie Mae) don’t use credit scores for loan approval. They use it for pricing. The GSEs have created their own scoring system and it’s just the investors that utilize the score.” True dat. It takes a while to test the impact of credit scores on defaults, delinquencies, pricing, and prepayment spe...Read More | ||
| Slightly Stronger After Ho-Hum CPI | ||
| 6/10/2026 8:52 AM | ||
| Most understand this, but some forget: CPI numbers on econ calendars are not prices. They"re the change in prices. We bring that up in case anyone thinks today"s core monthly CPI of 0.2 means that prices are lower than last month when the core was 0.4. While it"s a decent monthly number and lower than the expected 0.3, it"s also 2.4% if repeated fo...Read More | ||
| Bonds End at Strongest Levels | ||
| 6/9/2026 3:38 PM | ||
| Bonds End at Strongest Levels Unlike yesterday, which saw an uneventful open give way to intraday weakness, today"s momentum was mostly friendly. Bonds avoided panicking in the morning hours. Mid-day war-related headlines made for some quick 2-way trading in the noon hour, but yields never went any higher t...Read More | ||
| Mortgage Rates Hold Perfectly Steady | ||
| 6/9/2026 2:42 PM | ||
| Mortgage rates put an end to the most recent spike that followed last Friday"s jobs report. Most of the upward movement happened on Friday, but yesterday offered a modest aftershock. Those two days brought the top tier 30yr fixed rate up to 6.68 from 6.58 on Thursday. Today"s average remained perfectly flat at 6.68%. War-related headlines had peri...Read More | ||
| Retention, Appraisal Repurchase Risk, Analytics, Lead Gen Tools; Better Rate vs. Better House? | ||
| 6/9/2026 10:48 AM | ||
| “Rob, have you heard that retail and DTC lenders have stepped up their training and monitoring of loan officers?” Absolutely. The same granular examination that is applied to borrowers is being applied to LOs, and not only with credit checks and background searches. Originators are expensive, as are leads, and the analysis of LO performance is crit...Read More | ||
| Another Decent Start, But Will it Last? | ||
| 6/9/2026 8:51 AM | ||
| For the second day in a row , bonds are starting out in modestly stronger territory, but let"s hope we don"t repeat yesterday"s performance. That left yields even higher at the close than they were on Friday afternoon. Today"s overnight gains leave yields in similar territory to yesterday morning. One redeeming technical development is that yields ...Read More | ||
|
||
| Jim Cramer says investors have 'lost their appetite for danger' as defensive stocks take the lead | ||
| 6/10/2026 5:23 PM | ||
| CNBC"s Jim Cramer said investors are rotating into defensive sectors, signaling a growing preference for safety over risk...Read More | ||
| Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates | ||
| 6/10/2026 6:44 AM | ||
| Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates climbed as well...Read More | ||
| Home sales surged in May to the highest level since December | ||
| 6/9/2026 10:46 AM | ||
| Home sales rebounded in May as mortgage rates dropped back a bit in April, but prices are still rising...Read More | ||
| Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too | ||
| 6/4/2026 7:15 AM | ||
| The denial rate in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found...Read More | ||
| Sellers are pulling homes off the market at the fastest pace since 2020 | ||
| 6/4/2026 1:50 PM | ||
| Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane...Read More | ||
| GOP Sen. Tillis slams Trump intelligence pick Pulte: 'Don't think he has a prayer' | ||
| 6/3/2026 1:25 PM | ||
| Pulte is widely viewed as a Trump loyalist who has targeted the president"s political foes during his tenure leading the housing regulatory agency...Read More | ||
| Mortgage rates are easing slightly, but homebuyers are retreating | ||
| 6/3/2026 7:29 AM | ||
| Mortgage rates fell slightly last week, but neither current homeowners nor potential homebuyers were inspired. Demand for mortgages fell overall...Read More | ||
| Cassidy: Pulte not 'competent' for intelligence director role | ||
| 6/2/2026 5:03 PM | ||
| Intelligence community veterans have warned that Pulte is ill-prepared for the job and could target Trump"s foes in the role...Read More | ||
| Pulte appointment as spy chief would give a Trump attack dog access to a trove of intelligence | ||
| 6/3/2026 5:57 AM | ||
| In his role atop the housing finance agency, Bill Pulte has used his access to mortgage records to refer some top Trump opponents for prosecution...Read More | ||
| Trump names housing chief Bill Pulte acting intelligence director, replacing Tulsi Gabbard | ||
| 6/3/2026 9:57 AM | ||
| Pulte has alleged wrongdoing related to mortgages against Trump"s foes, Federal Reserve Governor Lisa Cook and New York Attorney General Letitia James...Read More | ||
|
There was a problem returning the RSS feed.
|