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| Verification, AI Processing, Digital Closing Tools; Ways to Think About AI; Conventional Conforming News | ||
| 6/29/2026 10:29 AM | ||
| Lenders often ask about improving their execution, and STRATMOR’s current blog is “Pricing That Can Help Borrowers.” MLOs occasionally ask about an online tool that can help potential borrowers understand the process. Here’s something for your new clients, especially those who are first-time home buyers: a short quiz to get them started on what to ...Read More | ||
| 3.5-Day Week Starting Out Slow and Flat | ||
| 6/29/2026 9:24 AM | ||
| At the risk of jinxing it, Monday is pretty much already in the back as an uneventful start to a holiday-shortened week (early close on Thursday and fully closed on Friday). Bonds were very flat overnight and are near unchanged levels in the first few hours. Unchanged is good in this case as it means we"re holding in a friendlier trading range unde...Read More | ||
| Early Gains. Flat Afternoon. MBS Underperform | ||
| 6/26/2026 3:51 PM | ||
| Early Gains. Flat Afternoon. MBS Underperform Friday ended up offering a boring conclusion to a week that had at least some measure of excitement on Wednesday. Bonds started a hair stronger, lost ground modestly and then rallied to the day"s best levels by noon. From there, 10yr yields went perfectly sidewa...Read More | ||
| Mortgage Rates End Week at Lows | ||
| 6/26/2026 2:06 PM | ||
| Mortgage rates officially hit their lowest level in more than a month yesterday with MND"s 30yr fixed index falling to 6.53% from 6.55% on Wednesday. Today was completely unchanged at 6.53%, thus maintaining the lowest level since May 14th, 2026. There weren"t any dramatic developments behind the scenes in term of economic data or news headl...Read More | ||
| New Home Sales Slide to Multi-Year Lows | ||
| 6/26/2026 1:58 PM | ||
| New home sales weakened further in May, extending the pullback seen over the past several months as elevated mortgage rates and affordability pressures continued to weigh on buyer demand. According to the latest Census Bureau and HUD data, sales of new single-family homes fell to a seasonally adjusted annual rate of 580,000 , down 7.3% from Apri...Read More | ||
| Mortgage Applications Edge Higher Despite Elevated Rates | ||
| 6/26/2026 1:55 PM | ||
| Mortgage applications posted a modest increase last week, though overall activity remained subdued by historical standards as borrowing costs held relatively steady. The Mortgage Bankers Association (MBA) reported a 1.0% increase in total application volume on a seasonally adjusted basis for the week ending June 19. Refinance activity provided m...Read More | ||
| Housing Starts Not Nearly as Scary Without Weird Multifamily Nosedive | ||
| 6/26/2026 1:29 PM | ||
| Residential construction activity cooled in May, as housing starts and completions both moved lower while building permits edged down only slightly. Last week"s Census Bureau data suggests builders are still navigating uneven demand and affordability pressures, with a sharper pullback in starts than in permits. Privately owned housing starts fell ...Read More | ||
| Credit and Verification, AI Compliance, CRA Sourcing Tools; Housing Bill Stalls; HMDA Data; Inflation Hopes and Rates | ||
| 6/26/2026 10:10 AM | ||
| We know that a) Congress passed a housing bill which, if not signed within 10 days, becomes law anyway, and b) U.S. presidents are known to be candid. Once again, we see the intersection of housing, lending, and politics with not only the postponement by the President of signing the bill, but also the statement of his alleged opinion about housing....Read More | ||
| Sideways Start, Quiet Calendar, Quarter-End Volatility Potential | ||
| 6/26/2026 9:01 AM | ||
| Q2 has been one of the best quarters for stocks going all the way back to the dot com boom, even after the 4-5% pullback in June. This has created a massive quarter-end rebalancing need among money managers and we"ve seen that random volatility play out in both stocks and bonds over the past few weeks. As the quarter wraps up in the next 3 business...Read More | ||
| Mostly Holding Yesterday"s Big Gains | ||
| 6/25/2026 2:27 PM | ||
| Mostly Holding Yesterday"s Big Gains Bonds began the day in modestly weaker territory, but not weak enough to take 10yr yields above the 4.42% technical level. That was a notable development even before considering subsequent movement. The 8:30am PCE inflation data made room for a friendly reversal with mod...Read More | ||
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| Trump cancels signing of bipartisan housing bill ahead of tense meeting with GOP senators | ||
| 6/24/2026 3:35 PM | ||
| President Donald Trump abruptly canceled the signing of a bill aimed at increasing housing affordability an hour before he was due at the Capitol for the ceremony...Read More | ||
| House passes affordable housing bill, sends it to Trump's desk | ||
| 6/23/2026 9:02 PM | ||
| The House on Tuesday gave final passage to a bill aimed at lowering costs for homebuyers and reining in private equity...Read More | ||
| Progressive Brad Lander’s surging bid for Congress splinters Democrats' labor union alliance | ||
| 6/23/2026 9:50 AM | ||
| Rep. Dan Goldman, D-N.Y., is fighting for his political life in a race with Brad Lander, who is backed by Mayor Zohran Mamdani and Sen. Bernie Sanders, I-Vt...Read More | ||
| Senate advances housing bill to limit private equity purchases of single-family homes | ||
| 6/22/2026 5:38 PM | ||
| The House is also expected to advance a sprawling housing package this week that"s aimed at creating more supply and making homes more affordable...Read More | ||
| Homeowners tapped $47 billion in equity in the first quarter. What to consider before you borrow | ||
| 6/19/2026 8:30 AM | ||
| While high home values mean homeowners are sitting on an estimated $11 trillion in equity, it should not be viewed as free money, experts say...Read More | ||
| Jim Cramer says next week's economic data will drive the markets | ||
| 6/18/2026 5:56 PM | ||
| CNBC’s Jim Cramer said next week’s lighter earnings calendar will put the focus on key economic data...Read More | ||
| Nearly 80% of data center capacity is at elevated risk to climate hazards like flooding and fire, study says | ||
| 6/18/2026 5:00 AM | ||
| The vast majority of data centers globally face either acute risk from climate change events or chronic risk from ongoing climate issues like extreme heat...Read More | ||
| Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans | ||
| 6/17/2026 3:24 PM | ||
| Here’s a look at how the Fed"s June interest rate decision may affect your finances...Read More | ||
| Trump sabotages Senate bid to fast-track Clayton as DNI, committee scuttles hearing | ||
| 6/17/2026 12:47 PM | ||
| Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority...Read More | ||
| Mortgage rates are now falling but demand is still weaker | ||
| 6/17/2026 9:10 AM | ||
| A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers...Read More | ||
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