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Headwinds, Cont"d
7/21/2026 4:06 PM
Headwinds, Cont"d "Headwinds, Cont"d" could be apply to the entirety of 2022-2026 or just March-July of 2026. But let"s just focus on today"s installment. For the second day this week, there wasn"t any stellar correlation between bonds and other markets, econ data, or news headlines. Still, we wouldn"t say ...Read More
 
Rates Match Longer-Term High For The 3rd Time in 2026
7/21/2026 2:29 PM
In late July, 2025, 30yr fixed rates embarked on an excellent adventure, moving down from 6.75% on July 31st to 5.99% by late February, 2026. Since then, things haven"t been great thanks to war-related fuel price drama and stronger econ data (the supreme court ruling on tariffs didn"t help either, because it increased Treasury issuance implications...Read More
 
HELOC AI, Doc Analysis, Home Equity POS Products; L1 rebrand; Delinquencies Impact Rates; Live RESPA Panel
7/21/2026 10:49 AM
People who say that residential lending and the state or federal governments aren’t intertwined have to look no further than the CFPB.  Their new office spaces fit 550. There are 1,100 currently. They will get there? Theoretically only Congress can actually shut down the CFPB, in the Senate with 60 or more votes, and the CFPB is still function...Read More
 
Bonds Grudgingly Giving Back Last Week"s Inflation Rally
7/21/2026 8:26 AM
While last week"s CPI and PPI reports were unabashedly great news, the bond market spent Friday and yesterday gradually unwinding most of the resulting gains. The least complicated way to approach this phenomenon would be to observe that fuel prices spent the same 2 days breaking to the highest levels since May 19th and they continue to hold near t...Read More
 
New Week. Same Old Story
7/20/2026 2:53 PM
New Week. Same Old Story While we certainly CAN put short term market movement under a microscope and entertain various potential sources of motivation, it"s just as good to take a few giant steps back and observe the bigger picture trend. When we do, we see a decisively weaker trend since October 2025 with...Read More
 
Mortgage Rates Bouncing Higher to Start The Week
7/20/2026 2:10 PM
Last week ended on a promising note with Friday"s rates falling just barely below the previous Friday"s levels. This was a relief after the top-tier 30yr fixed rate matched 11-month highs for the average lender earlier in the week. Unfortunately, rates are starting the new week by heading back toward those highs. Our 30yr fixed rate index is up fr...Read More
 
Verification, Servicing, Next-Gen, Flood Cert Products; AI and Overall Tech Adoption
7/20/2026 10:50 AM
Dang. I don’t know why I put my entire retirement plan into SpaceX stock… it has lost $1 trillion in book value since its post-IPO high. In 2026 Fannie’s stock price is down 44 percent, and Freddie’s stock price is down 46 percent. Did you sink your 401(k) into either, when doing a “re-IPO” was the talk of the Trump Administration? (Speaking of Fan...Read More
 
No Major Data Leaves Bonds to Trade on Vibes
7/20/2026 9:12 AM
You"ve seen the "good vibes only" t-shirt perhaps? Bond traders left theirs at home this morning. That"s unfortunate as there isn"t much beyond vibes to set the tone this week. Over the weekend, bad vibes came courtesy of another round of escalation in the Iran war. Additionally, the safe-haven buying that helped bonds on Friday has reversed course...Read More
 
Roughly Unchanged After Gradual Weakness
7/17/2026 3:35 PM
Roughly Unchanged After Gradual Weakness Bonds ended the day roughly unchanged despite this morning"s stronger start. With the S&P falling back to the lows of the day, we can"t really blame asset allocation trading between stocks and bonds. It"s easier to blame a mid-day surge in fuel prices (especially...Read More
 
Mortgage Rates End Week at Lows
7/17/2026 1:41 PM
The good news is that mortgage rates ended the day at their lowest levels of the week. That"s welcome news after Monday"s rates matched the highest seen since July 2025. Today"s improvement came courtesy of weakness in the stock market, which is not necessarily a common or reliable source of inspiration for rates these days. But a majority of this ...Read More




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Property taxes are poised for major midterm elections ballot battles across many U.S. states
7/21/2026 9:15 AM
Americans will have a rare opportunity to use votes to directly shape tax policy with 26 ballot measures on taxation across 13 states set for midterm elections...Read More
 
Wall Street is selling more rental homes, as buying ban takes effect
7/21/2026 9:49 AM
The largest landlords are all net sellers year to date, with 3,180 more homes sold than bought since Jan. 1...Read More
 
Housing costs is the top political issue for young voters, CNBC survey finds
7/19/2026 7:00 AM
The cost of housing is the top priority for voters ages 18 to 34, besting food and healthcare cost concerns, the CNBC All-America Economic Survey found...Read More
 
Homebuyer affordability slipped for fifth straight month, real estate index shows
7/17/2026 7:08 AM
With both home prices and mortgage rates climbing since earlier this year, affording a home has become harder, according to a housing affordability index...Read More
 
Here's why the housing market is hurting so much this summer
7/16/2026 3:06 PM
Mortgage rates are high, home prices at record levels, and consumers stressed — all contributing to a drop in existing home sales and builder sentiment...Read More
 
Mortgage rates rise to highest level in nearly a year, causing homebuyers to pause
7/15/2026 7:13 AM
Mortgage rates moved higher last week, causing buyers to pull back, but refinancing did see small gains...Read More
 
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




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