Jon Hesse
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Real Estate News
Noticeably Lighter Volatility. Why?
Wed, 25 Mar 2026 20:04:44 GMT

Noticeably Lighter Volatility. Why? Wednesday offered a welcome break from the pervasive volatility seen since the start of the Iran war. It was among the narrowest trading ranges of any single day in March, espe..[read more]

Rates Ease Despite Conflicting Iran War Headlines
Wed, 25 Mar 2026 18:55:00 GMT

The past 24 hours have seen multiple news stories with seemingly contradictory updates regarding the state of the Iran war. There's a ceasefire. There's no ceasefire. There's negotiation. There's no negotiation, etc. As far as the rate market is con..[read more]

Non-QM, Data Source, MI Checklist, Pipeline Valuation Class Tools; Farewell PHH Name
Wed, 25 Mar 2026 16:00:15 GMT

Products, Services, and Software for Brokers and Lenders A restaurant can seem like the picture of efficiency'until the kitchen falls behind. Guests are seated, orders are taken, and everything appears to move seamlessly. But when what happens up f..[read more]

Bonds Showing Some Optimism About Turning Point in The War
Wed, 25 Mar 2026 13:39:57 GMT

There have been various comments from U.S. officials about ending the war for several weeks (i.e. on March 9th, Trump said the war could be over soon). Yesterday's developments (Trump comments on the war being "won" and the 30-day ceasefire news from..[read more]

Juxtaposition of Escalation and De-escalation Keeping Bonds Volatile
Tue, 24 Mar 2026 20:03:47 GMT

Juxtaposition of Escalation and De-escalation Keeping Bonds Volatile Tuesday was notable for financial markets' attempts to trade the Iran war due to the conspicuous juxtaposition of newswires that spoke to oppos..[read more]

Highest Mortgage Rates Since August 2025
Tue, 24 Mar 2026 19:35:00 GMT

March 2026 continues to be an unpleasant month for mortgage rates--a fact almost exclusively due to the Iran war. Even if the war were to end today, there's been sufficient disruption to infrastructure and a big enough initial spike in energy prices ..[read more]

eNote, AI, Servicing, Data Tools; Trigger Lead Adjustments; FICO Investigation; Home Price Appreciation is Complicated
Tue, 24 Mar 2026 15:49:45 GMT

Sometimes life comes down to a coin toss. Here in Virginia Beach, at the Southern Trust Mortgage Sales Summit, a conversation topic is originators not leaving their business to chance. Pricing practices are rarely left to chance, and Senator Josh Haw..[read more]

Victory For Cynics as Ceasefire Rebound is Already Over
Tue, 24 Mar 2026 13:43:23 GMT

Even though there were doubts about their scope and impact, yesterday morning's headlines introduced the prospect of some sort of ceasefire in the Iran war. Markets traded accordingly, including the "doubts" part (i.e. there was an initial rebound ye..[read more]

Decent Gains Amid De-Escalation Headlines
Mon, 23 Mar 2026 19:54:12 GMT

Decent Gains Amid De-Escalation Headlines Don't worry about what actually happened, who actually spoke to whom, and the details of the conversations that may or may not have happened. Today's simplest fact i..[read more]

Mortgage Rates Move Modestly Lower Amid Market Volatility
Mon, 23 Mar 2026 19:34:00 GMT

Mortgage rates are dictated by bonds and bonds had a volatile day. During overnight trading hours, bonds suggested we should brace for the impact of even higher rates. Things changed just after 7am ET following headlines that suggested progress on th..[read more]

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