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Verification, AI, Prequal Products; STRATMOR Tech Survey; Government Program News
7/10/2026 10:06 AM
Did you know that 53 percent of statistics are made up on the spot? “Rob, you recently mentioned that 30 percent of repeat buyers paid cash and did not finance their home. Where did that statistic come from?” The most recent Home Buyers and Sellers Report from NAR. If you’d like to see stats based on age, here is as much data as you would like. Len...Read More
 
Empty Calendar Leaves Focus on War Headlines
7/10/2026 9:05 AM
The entire week has been a study in the rekindled love affair between bond yields and oil prices. The latter is fairly flat versus yesterday"s latest levels, so it"s no surprise to see bonds in the same position. Without anything of note on the econ calendar today, there"s no reason to expect any catalyst to have more potential impact than war-rela...Read More
 
Slightly Stronger But There"s a Catch
7/9/2026 3:11 PM
Slightly Stronger But There"s a Catch Bonds had a decent day with MBS up more than a quarter point and 10yr yields down 3bps to 4.54+.  While that adds some emphasis to the rejection of a technical breakout above 4.59%, we can"t really conclude that it happened for any bond-specific reasons. In fact, w...Read More
 
Rates Recover Modestly
7/9/2026 2:39 PM
Mortgage rates were rapidly approaching 10-month highs as of yesterday afternoon. They managed a friendly bounce today, but it was fairly small with the average lender dropping 0.03% to 6.5% for a top-tier 30yr fixed scenario. One reason for caution is that the rate improvement looks to be dependent on oil price volatility after this week"s resurg...Read More
 
Hedging, Warehouse, Processing Tools; M&A Results; Declining Demand for Housing
7/9/2026 10:41 AM
This morning, we head to Los Angeles, the site of the fires in the Pacific Palisades area in January 2025. Governor Gavin Newsom recently announced that FEMA approved California’s request to extend critical disaster assistance for Los Angeles fire survivors. More than 18,000 structures were destroyed. Seventy percent of those families don’t have a ...Read More
 
Oil and Yields Starting Out Slightly Lower
7/9/2026 8:49 AM
Bonds are starting the day just a hair stronger versus yesterday"s close and there are three ways to look at it. At the most basic level, the move is so small that it doesn"t deserve any explanation (i.e. we"re close enough to unchanged to say "nothing new is happening"). But given the recent resurgence of correlation between bonds and oil prices, ...Read More
 
More War-Related Weakness, But With a Supportive Bounce
7/8/2026 2:50 PM
More War-Related Weakness, But With a Supportive Bounce Bonds officially closed at the highest yields in more than a month. At one point just before the noon hour, the 10yr was just over 4.59, but ultimately moved back to 4.56. That"s only about 1bp higher than yesterday"s latest levels (which feels like a ...Read More
 
Mortgage Rates Back Up Near 10-Month Highs
7/8/2026 2:03 PM
Mortgage rates have moved higher at a moderate pace over the past 2 days as tensions between The U.S. and Iran see a resurgence. As far as the underlying bond market is concerned, most of the damage was done yesterday. But today"s news added emphasis when Trump declared the ceasefire to be over. Rates are based on bonds, but mortgage lenders prefe...Read More
 
AI, AMC, Analytic, Equity, Correspondent Products; Lennar"s Lawsuit; Oil Hits Rates (Again)
7/8/2026 11:01 AM
STRATMOR Group has opened participation for its 2026 Compensation Connection® Study, providing mortgage-specific insights into compensation components, incentive plan structures, compensation percentiles, and more. (Compensation Connection focuses exclusively on mortgage banking, with benchmark comparisons by lender type, size, region, and national...Read More
 
Only Modestly Weaker After Trump Says Ceasefire is Over
7/8/2026 8:27 AM
Iran-related headlines have jumped back to the realm of relevance this week and Wednesday morning"s overnight session kicked things up another notch. Trump declared the ceasefire to be over and is currently saying peace deal negotiations may not even continue. Markets definitely reacted with oil and Treasury yields spiking overnight. The interestin...Read More




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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 9:17 AM
Congress passed the bill that aims to address the costs of homes and rein in institutional investors with strong bipartisan support in June...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
 
Demand for riskier mortgages drops, as their advantages shrink
7/1/2026 7:22 AM
The spread between the 30-year fixed-rate mortgage and adjustable-rate loans is narrowing, causing demand for ARMs to weaken...Read More




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