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Pre Fed Jitters? Not Exactly
12/8/2025 3:26 PM
Pre Fed Jitters? Not Exactly Both stocks and bonds began to swoon moments after this morning"s 9:30am NYSE open. That sort of pervasive selling is often seen when the Fed"s rate cut outlook is deteriorating. With the Fed on deck Wednesday, it would be easy to slap "pre-Fed jitters" on the label of today"s s...Read More
 
Mortgage Rates Start Week Near 3 Month Highs
12/8/2025 3:02 PM
Both stocks and bonds lost ground on Monday. This pushed mortgage rates up near their highest levels in just over 3 months (because mortgages are based on bond prices).  To put the 3-month highs in perspective, today"s rates are right in line with those seen 2 weeks ago. [thirtyyearmortgagerates] When we see a larger-than-average shift in ra...Read More
 
Non-Agency, DSCR, eSignature, Data Analysis Tools; Deep Dive on "Fed Week"
12/8/2025 10:26 AM
“Blimps are one of the only forms of advertisement people are actually excited to see.” “Rob, we see all kinds of companies advertising at conferences. We are trying to lower our cost per loan, and I am doing a more formal review of third-party providers. I am wondering if there is a list of vendors who focus on certain areas out there?” Yup: a ver...Read More
 
Yields Testing Range Ceiling Ahead of Auctions, Data, And The Fed
12/8/2025 9:07 AM
Bonds are under pressure yet again at the start of the new week--insult added to injury coming off of the worst week of selling since the late October Fed announcement. On that note, some of the recent weakness could be the bond market"s way of bracing for another unfriendly impact from the Fed. There"s also the need to make room for Treasury ...Read More
 
Technicals Help Reconcile Selling Pressure
12/5/2025 3:40 PM
Technicals Help Reconcile Selling Pressure In the realm of market commentary, technicals are a vastly overused explanation for past movement, let alone for the prediction of future movement. In this week"s case, however, the consolidation pattern in bond yields offers one of the only ways to understand the ...Read More
 
Mortgage Rates Could See More Volatility Next Week
12/5/2025 3:06 PM
Average mortgage rates drifted slightly higher to end the week, though they remained under the levels seen on Monday and Tuesday. Even then, none of this week"s movement was especially abrupt. That"s interesting considering there was a decent amount of economic data throughout the week. It could be that the rate market is simply waiting for the he...Read More
 
Mortgage Apps Ebb Despite Strongest Purchase Demand in Years
12/5/2025 12:43 PM
Seasonally adjusted mortgage application activity edged 1.4% lower last week according to MBA’s Weekly Mortgage Applications Survey for the week ending November 28. Unadjusted applications were down sharply (33%) due to the holiday. The Refinance Index slipped 4% from the previous week but remains 109% higher than the same week one year ago—still ...Read More
 
Earned Equity, HELOC, CRM, AI Agent, DSCR Hedging Products; Conventional Conforming Changes
12/5/2025 10:45 AM
Recently I paid over $10 for a simple Oscar Mayer 12-ounce package of bacon. Jerome Powell, help me! Well, the U.S. Federal Reserve doesn’t set bacon prices, or things that come from China like rare earth metals, most of which I’ve never heard of but are apparently in my phone and car’s dashboard. Geopolitical tensions and export restrictions in Ch...Read More
 
Inconsequential Data and Modest Movement
12/5/2025 9:33 AM
If there"s one resounding theme in the bond market this week, it"s that trading momentum marched to its own beat with almost zero regard for the available economic data. While this was a notable disconnect on Wednesday (little reaction to ADP/ISM), it"s fairly easy to reconcile on a day like today where the PCE data is super stale (delayed rel...Read More
 
Bond Momentum Continues Ignoring Data
12/4/2025 3:21 PM
Bond Momentum Continues Ignoring Data On multiple recent occasions, we"ve seen bonds make a moderate move on days with important economic reports, but not in response to those economic reports. Thursday was the latest example. The 8:30am jobless claims data was undoubtedly a tradeable event based on the big...Read More




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Commercial real estate deal volume drops for the first time in nearly two years
12/9/2025 9:42 AM
Commercial real estate has had a rough year after gaining momentum coming out of the pandemic...Read More
 
What another Fed cut could mean for your personal borrowing costs
12/8/2025 8:57 AM
Many types of consumer loans are impacted when the Fed lowers its overnight lending rate, but it also depends on the product and duration....Read More
 
Home sellers are giving up at 'unusually high rate,' says new Realtor report
12/8/2025 10:06 AM
Sellers are taking their homes off the market at the highest delisting rate since Realtor.com began tracking the seasonal trend in 2022...Read More
 
London's answer to Wall Street gains momentum as major firms sign on
12/5/2025 7:49 AM
HSBC, BBVA, Barclays, Citibank and others have also recommitted to Canary Wharf in 2025...Read More
 
Congressional watchdog probes Trump FHFA chief Bill Pulte
12/4/2025 2:52 PM
Pulte has made allegations of mortgage fraud against New York Attorney General Letitia James, Fed Gov. Lisa Cook, Sen. Adam Schiff, and Rep. Eric Swalwell...Read More
 
The niche real estate sector that’s luring big money for small kids' care
12/3/2025 8:25 AM
Since the end of 2024, the number of early education properties available for sale has grown by 14%, reaching a total of 158, according to B+E...Read More
 
Mortgage rates finally moved lower last week, but that didn't do much for demand
12/3/2025 6:46 AM
Mortgage rates moved slightly lower last week after rising for much of the past month, but it wasn"t a big enough move to impact mortgage demand...Read More
 
Apartment rents drop further, with vacancies at record high
12/2/2025 11:17 AM
A good supply of new multifamily units is coming online at a time of much weaker demand...Read More
 
What a Black Friday blowout could mean for Home Depot and its struggling stock
11/28/2025 10:46 AM
The holiday shopping season is Home Depot"s time to shine and regain momentum...Read More
 
The warehouse real estate sector is seeing a rebalance. Here's what to watch for
11/28/2025 9:31 AM
After a pandemic-driven surge and subsequent pullback, warehouse real estate supply and demand is finally starting to come into balance...Read More




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