|
Real Estate News |
Over Before it Began
Mon, 11 May 2026 19:50:10 GMT
Over Before it Began Monday proved to be a boring trading day despite the moderately big sell-off. Yields actually didn't move much during the domestic session. In fact, they didn't move during the overnight sess..[read more]
|
Mortgage Rates Rising to Start New Week
Mon, 11 May 2026 19:30:00 GMT
Last week was decidedly stronger for mortgage rates as they either held steady or moved lower on 5 out of 5 days. All told, it was a 0.14% drop from the previous week in terms of the average top-tier 30yr fixed rate. The new week is starting o..[read more]
|
Weaker Start After Peace Deal Stalls
Mon, 11 May 2026 15:28:35 GMT
Bonds are starting the day moderately weaker. The reasons are straightforward. Chief among them, Trump rejected Iran's counterproposal to end the war, calling it "totally unacceptable." In response, Iran's foreign minister said it will never bow to f..[read more]
|
Calm and Slightly Stronger, But Volatility Will be Back
Fri, 08 May 2026 19:34:37 GMT
Calm and Slightly Stronger, But Volatility Will be Back Once or twice per week, the bond market manages to post a fairly calm trading day against the prevailing backdrop of generally higher volatility. Today was ..[read more]
|
Mortgage Rates End Week Slightly Lower
Fri, 08 May 2026 17:52:00 GMT
It ended up being a decent round trip for rates this week. Monday kicked things off with a jump to the highest level in more than a month, and the third highest since August 2025. But that ended up being the only day where rates went higher. W..[read more]
|
Higher Rates Hit Mortgage Apps, But Only Modestly
Fri, 08 May 2026 16:56:00 GMT
Mortgage applications declined last week, reversing some of the prior period's gains as rates climbed to their highest level in a month. The Mortgage Bankers Association (MBA) reported a 4.4% decrease on a seasonally adjusted basis for the week end..[read more]
|
2-Month Glut of Data Brings New Home Sales Back to Center of The Range
Fri, 08 May 2026 16:30:00 GMT
New home sales moved higher in March and February. Both months were reported on a single day this week as the Census Bureau continues catching up from the government shutdown. After dropping to 587k in January, sales rose to 635k in February a..[read more]
|
BBYS, Anti-Fraud, Subservicing Products; Primer Hedging Information for MLOs; Cap. Markets Deep Dive
Fri, 08 May 2026 14:42:21 GMT
If you haven't signed up for the Mortgage Action Alliance, do so. It's free, has good advocacy information, and there's strength in numbers. Recent conference chatter includes suggesting that removing politics from the mortgage conversation would be ..[read more]
|
Forget What You Know About The Payroll Count
Fri, 08 May 2026 13:00:43 GMT
Everyone's been talking about the ongoing change in the significance of the payroll number in the jobs report. OK, not everyone, but economists and bond traders for sure. The issue is the rapid shift in the size of the labor force as well as recent v..[read more]
|
Another Mid-Day Reversal. Does Jobs Report Even Matter?
Thu, 07 May 2026 19:24:16 GMT
Another Mid-Day Reversal Driven by Dueling Headlines The overnight session featured a modest but clearly-defined rally in response to hopeful headlines on the Iran war. But as early a 9am ET, a complete reversal ..[read more]
|
