|
Real Estate News |
Mortgage Rates Drop Meaningfully Over The Weekend
Mon, 30 Mar 2026 19:24:00 GMT
The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recovered nicely over the weekend. By Friday afternoon, the average rate was 6.64%--the highest sinc..[read more]
|
AI/LOS, Commercial Products; USDA, FHA, VA Changes; Interviews with Lennar's Escobar and Vesta's Yu
Mon, 30 Mar 2026 15:21:36 GMT
Do you remember when everyone was talking about the lack of housing inventory as a problem for buyers? Those days are long gone: There are now nearly 50 percent more home sellers than buyers as mismatch widens to a record 630,000. (Of course this is ..[read more]
|
Bonds Mostly Finding Their Own Buyers
Mon, 30 Mar 2026 13:12:49 GMT
There are three distinct reasons that could account for bonds paradoxically rallying overnight despite oil prices remaining high and an absence of meaningful de-escalation in the Iran war. The most notable development has been the correction in Fe..[read more]
|
Some Resilience After AM Weakness
Fri, 27 Mar 2026 20:16:38 GMT
Some Resilience After AM Weakness 10yr yields are set to end the week at the highest levels since last July, but those were even higher highs earlier this morning. From roughly 9am-1130am ET, bonds recovered..[read more]
|
Mortgage Rates Inch Up to Another Long-Term High
Fri, 27 Mar 2026 18:29:00 GMT
There were mixed blessings in the mortgage rate world today. The bad news is that today's rates are just a bit higher than yesterday's, resulting in another 8 month high. The good news is that things were looking quite a bit worse earlier in the morn..[read more]
|
No Surprise: Refi Demand Sapped by Rate Spike
Fri, 27 Mar 2026 17:44:00 GMT
Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.5% on a seasonally adjusted basis for the week ending Mar..[read more]
|
Verification, Non-QM Hedging Tools; Builder Trends That Impact LOs; Student Debt News; Automation and Processing
Fri, 27 Mar 2026 15:52:51 GMT
Products, Services, and Software for Brokers and Lenders Four Methods to Hedge Non-QM & Maximize Profits: In today's growing non-QM market, selling best efforts is leaving value on the table. Accumulating bulk and improving execution is possible, b..[read more]
|
Bonds Fade De-Escalation Hopes
Fri, 27 Mar 2026 14:12:07 GMT
Markets were presented with an opportunity just before the close yesterday to put their faith in another ceasefire-style announcement, but have instead opted to stick with prevailing momentum (lower stocks, higher yields and oil prices). Part of the ..[read more]
|
That Escalated Quickly
Thu, 26 Mar 2026 20:11:49 GMT
That Escalated Quickly It would be easy to check in on the bond market at some point on Thursday afternoon and conclude there'd been precipitous escalation in the Iran war or some other big new development puttin..[read more]
|
Rates Leap to Another Multi-Month High
Thu, 26 Mar 2026 18:49:00 GMT
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks in question involve following the broader market reaction to the Iran war which has caused significant and almost exclusive upward mov..[read more]
|
