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Mortgage Rates Unchanged Versus Wednesday
11/28/2025 11:55 AM
As is most often the case, the Friday after Thanksgiving added nothing interesting to mortgage rate momentum.  The average lender"s top tier 30yr fixed rate is exactly where it was on Wednesday.  The underlying bond market closes early today, but will be fully open next week.  At that point, we"re likely to see some volatility return...Read More
 
Coast to Coast Jobs; Hodge Podge of Economic News; Improved Pull Through = Lower Cost Per Loan
11/28/2025 10:45 AM
When did our business start with the catchy slogans? Stay alive in ’25? Stay in the mix in ’26. It’ll be heaven in ’27. How about, “Try to earn a little revenue every day, day after day.”? Smart mortgage bankers look at units, not dollar volumes. If an LO does $5 million in a month, is that one $5 million loan or ten $500,000 loans? And if your cos...Read More
 
Holiday Week Volatility With Zero Consequence
11/26/2025 1:55 PM
Holiday Week Volatility With Zero Consequence Although there was a brief negative reaction to this morning"s economic data, the impact was minimal. Random holiday-week volatility accounted for bigger swings, but those swings ultimately canceled each other out. By the 3pm close, bonds were close enough to un...Read More
 
Mortgage Rates Slightly Higher, But Remain Near Long-Term Lows
11/26/2025 1:52 PM
Wednesday was far less eventful than the first two days of the week as far as mortgage rates were concerned. The average lender raised rates just a hair, but apart from yesterday, these are the lowest levels in a month and very close to the lowest levels in more than 3 years. Bond markets and mortgage lenders will be closed tomorrow for Thanksgivi...Read More
 
Credit Union Compliance, HELOC Products; Conventional Conforming Loan Limits and Other Fannie/Freddie News
11/26/2025 10:42 AM
The new phone books are here, the new phone books are here! Oh, wait a minute. The new conventional conforming loan limits are here! The new conventional conforming loan limits are here! True, lenders that are entirely focused on non-Agency products like non-QM (without many of the loan level price adjustments or gfees) may not care too much, but f...Read More
 
Stronger Data. Weaker Start For Bonds
11/26/2025 7:55 AM
Bonds were just slightly weaker overnight but are losing more ground in early trading.  The culprit: both of this morning"s 8:30am ET economic releases.  Jobless Claims data is probably the bigger deal as it continues to show no signs of labor market distress (216k vs 225k f"cast). The other report, Durable Goods, is more stale (pre-shutd...Read More
 
Best Closing Levels in Nearly a Month
11/25/2025 4:08 PM
Best Closing Levels in Nearly a Month Bonds improved only moderately on Tuesday in a move that"s just as easily chalked up to random holiday-week volatility as any of the day"s data/events.  If we"re determined to give credit to particulars, we can cite things like the 13.5k decline in weekly ADP payro...Read More
 
Lowest Mortgage Rates Since 10/28 And Very Close to 3-Year Lows
11/25/2025 3:04 PM
Mortgage rates moved nicely lower on Tuesday with the average lender very close to the 2025 lows seen in late October. These levels are effectively right in line with the lowest since late 2022. If today"s drop seems abrupt, that"s because it is. In fact, it"s a bigger drop than the underlying bond market justifies. There"s a reason for this and w...Read More
 
Conforming Loan Limit Rises to $832,750 Amid Lowest Home Price Growth Since 2012
11/25/2025 2:13 PM
Both the FHFA and the S&P/Cotality Case-Shiller home-price indices released new data this week. The message remains consistent: home prices are still higher than a year ago, but the pace of appreciation continues to slow. FHFA’s national index shows prices up 1.7% year-over-year and flat 0.0% month-over-month in September after August was ...Read More
 
Compliance, Broker Products; MBA on Credit Costs; LO Strategy for Aging Buyers; Pulte and Grand Jury
11/25/2025 10:52 AM
Want better affordability? Lower house prices certainly helps, and this article states that more than half of homes in the United States have fallen in price in the last year. Forget interest rates: Certainly, there are fewer willing buyers when they know ahead of time that they may face increasing insurance, tax, or condo fees. (Lenders are doing ...Read More




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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
 
Homebuyers make a last gasp effort before the holidays, but interest rates offer little incentive
11/26/2025 6:00 AM
Mortgage demand was split last week, with current borrowers pulling back and potential homebuyers coming in. It resulted in flat overall weekly volume...Read More
 
Manhattan condo values fell over the past decade. Here's why rents are still rising
11/26/2025 6:39 AM
More wealthy New Yorkers are choosing to rent as condos lose value in Manhattan...Read More
 
Sellers are taking their homes off the market at the fastest pace in nearly a decade
11/25/2025 11:03 AM
Home sellers are taking their homes off the market at a fast clip, because they are sitting for more than 60 days and prices are weakening....Read More
 
Multifamily housing leads CRE bid competition in October
11/25/2025 8:26 AM
Bidder dynamics in October saw the second-highest monthly gain over the past year, according to JLL"s Global Bid Intensity Index...Read More
 
Existing home sales see small October gain, but supply is now dropping
11/20/2025 9:45 AM
Home sales in October saw a small gain, despite the government shutdown, but the supply has started to drop, and prices are still gaining....Read More
 
Self-storage real estate has ‘close to zero’ correlation to the broader economy. That's a good thing
11/20/2025 7:10 AM
Over the last 15 years, self-storage has outperformed industrial, multifamily, office and retail in net operating income, according to a new Heitman report....Read More
 
Housing numbers point to an unusually strong buyer's market. There's a catch
11/19/2025 12:23 PM
There are many more sellers on the market now than buyers, but that doesn"t necessarily mean it"s a buyer"s market. Here"s why....Read More
 
Mortgage rates hit highest level in a month, pushing loan demand down 5%
11/19/2025 8:54 AM
Mortgage rates rose to the highest level in a month last week, causing demand for home loans to drop. Demand, however, is still higher than a year ago...Read More




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