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Data Didn"t Hurt, But Bonds Underperformed The Oil Price Recovery
5/5/2026 2:20 PM
Data Didn"t Hurt, But Bonds Underperformed The Oil Price Recovery Today"s headline is somewhat misleading. It points out the fact that oil prices made it back to yesterday"s lows whereas bond yields didn"t even come close. This is all true, assuming we"re looking at front month oil prices. But if we use a l...Read More
 
Mortgage Rates Edge Just Barely Lower
5/5/2026 1:43 PM
One popular refrain in the mortgage industry is that rates take the escalator on the way up and the stairs on the way down. Yesterday was definitely an "escalator" sort of day with the average lender moving up 0.12% for a top-tier 30yr fixed rate. Based on improvement in the bond market, rates are lower today, but just barely. It"s not so much tha...Read More
 
Ginnie Guide, Borrower Marketing, e-Note Products; AI Webcast; Advocacy Week Approaching
5/5/2026 10:20 AM
Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, is now operating as a fully independent company, enabling direct partnerships with wholesale brokers and private label correspondents. Brokers are already active on the new structure, submitting applications and closing loans today with no waiting period supported b...Read More
 
Modest Recovery Ahead of Econ Data
5/5/2026 8:37 AM
After hitting the highest yields in more than a month yesterday, bonds have managed to pick up a few bps. The bulk of the recovery was already in place by yesterday"s close, but yields dropped another 2bps after war-related headlines just after 8am (US general said Iran"s attacks yesterday were below the threshold for war). Oil prices and bond yiel...Read More
 
Markets Hit by Glut of Escalation Headlines
5/4/2026 3:08 PM
Markets Hit by Glut of Escalation Headlines Monday"s trading session ended up being as simple as it was unpleasant. Bonds lost ground somewhat sharply as war-related headlines kept adding up to additional escalation. Highlights include overnight reports of Iran hitting a U.S. warship with missiles, multiple...Read More
 
Highest Rates in More Than a Month
5/4/2026 2:19 PM
Top-tier 30-year fixed rates are back above 6.5% today for the first time in more than a month for the average lender. Many lenders raised rates during the course of the day as well.  Those who didn"t will likely have to raise rates tomorrow unless the underlying bond market makes a significant recovery overnight. Rates are driven by bonds an...Read More
 
Compliance, Surveys, eGuides and Webinars; Agency Updates; Spector Q&A
5/4/2026 9:49 AM
The industry is talking about their earnings: Fannie Mae had $3.7 billion of net income, Freddie Mac had net income of $3.6 billion. Regular and frequent information like this is critical to make informed decisions, whether you’re thinking about buying stock or buying a home. I recently received this note. “Rob, occasionally I am asked by my client...Read More
 
Weaker Start. Bonds Not Recovering With Oil So Far
5/4/2026 9:09 AM
The overnight and early domestic trading hours have brought a mix of familiar and unfamiliar patterns. Up until roughly 8:30am, we saw a very familiar correlation between oil prices and bond yields. Both spiked at 6am following reports that 2 Iranian missiles hit a U.S. warship. Those reports were subsequently denied and oil prices made a full reco...Read More
 
Some Volatility Surrounding Headlines, But Not Much Change
5/1/2026 2:27 PM
Some Volatility Surrounding Headlines, But Not Much Change Bonds began the day roughly flat before losing ground modestly into the 9am hour as markets mis-read headlines regarding new peace proposals submitted by Iran. But just before 10am, similar headlines resurfaced including the claim that Iran"s n...Read More
 
Mortgage Rates End Week on a Calm Note
5/1/2026 12:58 PM
Low volatility was the most obvious theme for mortgage rates last week. From April 14th through last Friday, the range for a top-tier 30yr fixed rate remained in an ultra-narrow range of 6.29-6.33%. That trend persisted on Monday of this week, but things changed abruptly after that. Tuesday and Wednesday saw moderately big increases that took the ...Read More




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Mortgage rates hit the highest level in a month, causing lower-income homebuyers to drop out
5/6/2026 6:48 AM
Mortgage rates rose last week, causing loan demand to drop back and causing the average loan size to rise -- indicating that lower-income borrowers dropped out...Read More
 
Mortgage lenders now have more credit score options. What homebuyers should know
5/5/2026 7:33 AM
Lenders are beginning to use VantageScore 4.0, which factors in consumer data not currently considered in the score that"s been used with mortgages for decades...Read More
 
Warsh's take on Fed independence is met with confusion and some concern
5/4/2026 9:21 AM
Fed chair nominee Kevin Warsh is putting his own spin on the independence of monetary policy. Many former Fed officials aren"t sold....Read More
 
Fed holds interest rates steady: Here's what that means for credit cards, mortgages, car loans and savings rates
4/29/2026 4:29 PM
From mortgage rates to auto loans and credit cards, here’s a look at how the Fed"s April interest rate decision may affect your wallet...Read More
 
Mortgage rates surge to nearly four-week high as Iran headlines impact markets
4/30/2026 9:32 AM
Negative headlines on the Iran war pushed bond yields higher, and mortgage rates followed....Read More
 
Mortgage rates are rising again, but homebuyers are trickling back
4/29/2026 7:17 AM
Mortgage rates rose last week after several weeks of declines. That took a toll on refinance demand, but homebuyers seem more resilient...Read More
 
Office demand rebounds to highest level since Covid pandemic began
4/30/2026 4:56 PM
In the first quarter of this year, new in-person and virtual office tours reached their highest level since the pandemic began, per the VTS Office Demand Index...Read More
 
Fed is likely to hold rates steady — here's how that impacts consumer costs
4/24/2026 11:42 AM
The Federal Reserve"s April meeting, potentially Jerome Powell"s last as chair, may impact many consumer borrowing and savings rates...Read More
 
New York's pied-a-terre tax sets up legal fight over values
4/24/2026 11:11 AM
NYC"s property tax system undervalues co-ops and condos, so experts said the city will have to come up with a new system for valuing  high-end second homes...Read More
 
What $1 million buys you in real estate around the world
4/24/2026 5:54 AM
Luxury real estate in most major markets around the world continues to become more expensive, as the wealthy grow wealthier and more mobile....Read More




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