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Boring, Sideways Day. Does Wednesday"s Fed Announcement Even Matter?
10/27/2026 3:40 PM
Boring, Sideways Day. Does Wednesday"s Fed Announcement Even Matter? Neocloud concerns continued to experience a small correction/consolidation after last week"s surge. Interest rates could have justified a bit of weakness as a result, but managed to hold fairly steady. Bond market indecision likely has mor...Read More
 
Mortgage Rates Hold Steady Yet Again
10/27/2026 3:10 PM
It was a remarkably calm day for the mortgage market on two separate levels. First off, the average lender set this morning"s rates right in line with yesterday"s latest levels. Additionally, there were very few intraday changes (and in those cases, rates improved modestly). [thirtyyearmortgagerates] All of the above is made possible by the fact ...Read More
 
Appraisal Review, Equity, QC Tools; Jumbo Competition, Microsoft News Implications? STRATMOR Tech Survey
10/27/2026 10:30 AM
The ancient Chinese philosopher Sun Tzu said, “Sometimes the best victory is the battle that was not fought.” In a shrinking residential market there are a lot of potential battles, for example: “Rob, are you hearing that some IMBs are not charging an origination fee or putting caps on LO comp for jumbo loans?” Of course, especially if the independ...Read More
 
Mostly Consolidating Ahead of Fed. Some Pressure From Neocloud Bounce
10/27/2026 9:07 AM
"Neocloud" has entered the commentary. This is shorthand for the market segment in which Coreweave operates. Neocloud companies have been the epicenter of recent concerns in tech that have helped fuel the mid October bond rally.  Their negative momentum leveled off last Thursday--the same time bond yields bottomed. Neocloud stocks are up ...Read More
 
Bonds Hold Ground Despite Some Healing in Tech
10/26/2026 3:15 PM
Bonds Hold Ground Despite Some Healing in Tech Monday was exceptionally uneventful for the bond market--as is more often than not the case for data-free Mondays without any other major developments. There were some minor developments though. Tech stocks bounced back a bit, closing at their best level since ...Read More
 
Mortgage Rates Hold Steady Over The Weekend
10/26/2026 2:43 PM
It was an uneventful day for mortgage rates, which is just the sort of thing you want to see when the average lender is just a hair above the lowest levels in more than a month. There were no significant economic reports or other market developments that caused any major volatility for rates/bonds. The dominant theme, of late, has been investor ro...Read More
 
Equity, Reverse, Non-Agency, UAD 3.6 Products; What"s Ahead in Capital Markets?
10/26/2026 10:19 AM
Lender and Broker Products, Services, and Software Manual document reviews, repeated data entry and time-consuming “stare and compare” tasks slow down back-office processes. ICE Aurora is an enterprise mortgage AI solution that helps lenders and servicers move from manual, fragmented steps to more connected, AI-supported workflows. This allows mo...Read More
 
Slightly Stronger Start, But Generally Sideways and "Waiting"
10/26/2026 8:46 AM
Bonds are technically just a hair stronger this morning, but in the slightly bigger picture, nothing has happened yet this week (not that we"d expect that to be the case before 10am on a Monday). The tech stock narrative that precipitated a sharp bond rally last Thursday continues to consolidate in a sideways pattern. Bonds are doing the same. Both...Read More
 
Slightly Weaker, But Much Stronger on The Week
10/23/2026 2:53 PM
Slightly Weaker, But Much Stronger on The Week Friday was calm and sideways in the bigger picture. Sure, a 4+ bp increase in 10yr yields and an MBS decline of just over an eighth of a point might sound somewhat unpleasant on the average day, but considering we saw 4 times as much movement in the other, frie...Read More
 
Modest Uptick in Rates But Still Near 1-Month Lows
10/23/2026 2:02 PM
Yesterday was an exciting day for rates with the lowest levels since September 23rd and a fairly brisk decline versus the previous day.  Today? Fairly boring by comparison. Rates were technically a hair higher, which isn"t too surprising given the prevailing motivations in the tech sector. Yesterday"s rate rally coincided with heavy selling i...Read More




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Frozen housing market sends remodelers mixed messages
10/27/2026 7:20 AM
Home remodelers have always served two different markets, but the current state of housing is now pulling them opposite directions...Read More
 
CRE debt is due, presenting a 'massive' opportunity
10/27/2026 5:35 AM
A massive wall of commercial real estate debt is coming due now and over the next two years. For some, this presents an opportunity. ...Read More
 
Federal Reserve is likely to hold interest rates steady in October. Here's what that means for consumers
10/26/2026 1:51 PM
The Federal Reserve is expected to keep its overnight rate unchanged at the conclusion of its October meeting this week...Read More
 
Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers
10/23/2026 5:27 PM
Trump"s executive order on housing aims to lower mortgage costs. Here"s what it means for homeowners and buyers...Read More
 
Mortgage rates drop for the first time in 2 months, but demand still falls further
10/21/2026 8:13 AM
Mortgage rates finally came down a little, but borrowers are still having trouble getting into the housing market...Read More
 
September data shows housing market in a deep freeze
10/20/2026 9:18 AM
New data on the housing market"s performance in September is bleak, with sales, construction and sentiment all falling more than expected...Read More
 
Who gets to have 'good debt'? A sociologist, theologian, philosopher and other experts weigh in
10/15/2026 12:54 PM
Humans have debated the merits and morality of debt throughout history...Read More
 
Fannie Mae sharply raises mortgage rate forecast for 2027
10/14/2026 12:08 PM
Fannie Mae just put out its latest forecast for mortgage rates, and they are much higher than previous estimates...Read More
 
'Office' is actually having a scarcity problem
10/15/2026 10:58 AM
The U.S. office market is roaring back to health but its speedy recovery is resulting in a shortage, especially of premium space...Read More
 
Even more borrowers choose riskier mortgages, as higher interest rates crush affordability
10/14/2026 7:01 AM
Interest rates on mortgages continue to rise, leaving some buyers to choose riskier, adjustable-rate mortgages to find savings...Read More




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