Jon Hesse
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Real Estate News
AI Processing, Borrower Experience and Targeting Tools; Labor Market is Being Pummeled
Thu, 06 Nov 2025 16:51:41 GMT

Frequent conference goers or traveling salespeople are obviously concerned about the Trump Administration cutting 10 percent of flights for a variety of reasons. 13,000 air traffic controllers and 50,000 Transportation Security Administration agents ..[read more]

New Data Sources Bring New Inspiration
Thu, 06 Nov 2025 15:49:53 GMT

The shutdown has not only placed more emphasis on the alternative data that was already in the rotation, but also fueled interest in new sources. One that you'll likely hear more about in the coming months is Revelio Labs, a company using data aggreg..[read more]

Mortgage Rates Near 2-Month Highs After Today's Econ Data
Wed, 05 Nov 2025 21:08:00 GMT

A common recent refrain is that the bond market (which dictates interest rates) is having to make do without many of the most important regularly-scheduled economic reports due to the government shutdown. While this means rates must "fly blind" on ma..[read more]

Broker, Non-QM, Compliance, Workflow, AI, Tax Tools; ADP Jobs Data and Rates
Wed, 05 Nov 2025 17:00:07 GMT

"Did you hear about the Chinese guy who spoke out against the government? Exactly.' Hate the U.S. Government or love it, sometimes government and lender interaction is beneficial, sometimes not. The ongoing federal government shutdown not only has im..[read more]

2 Key Reports, 2 Reasons to Sell Bonds
Wed, 05 Nov 2025 15:28:07 GMT

Today is a rare day when it comes to economic data.  The first Wednesday of any given month is often an important one for economic data because ISM Services often falls on Wednesday, joining ADP to create a duo with a strong track record of mark..[read more]

Wednesday More Likely to Take Cues From Econ Data
Tue, 04 Nov 2025 21:49:12 GMT

Wednesday More Likely to Take Cues From Econ Data Bonds benefited from heavy stock selling late in the overnight session. This is not the typical pattern seen these days, but it's not uncommon to see some positiv..[read more]

Mortgage Rates Hold Steady Near Recent Highs
Tue, 04 Nov 2025 21:33:00 GMT

The average top tier 30yr fixed mortgage rate was technically 0.01% higher than yesterday, but that's the smallest possible detected move.  It's just as fair to say rates held steady today. While it's always nice to avoid a more serious rate sp..[read more]

Correspondent and Wholesale News; CUs and Realtors, Borrower Engagement Tools; Regulatory Readiness
Tue, 04 Nov 2025 16:44:38 GMT

"Being a parent is like being a psychic who is always right but is always ignored.' Here in Austin, TX, whether it was the Texas Women Mortgage Bankers' Fall Social with Faith Schwartz and Alanna McCargo last night or the TMBA's Housing Summit speake..[read more]

Heavy Selling in Stocks Providing Small Boost For Bonds
Tue, 04 Nov 2025 14:53:58 GMT

It doesn't always work like this, but today's overnight session saw the classic "conventional wisdom" trade with stocks prices and bond yields falling in concert. Believe it or not, this is the exception these days. In fact, since late May, stocks an..[read more]

Light Volatility After Initial Losses
Mon, 03 Nov 2025 21:00:40 GMT

Light Volatility After Initial Losses The first day of the new month began with some potential excitement, albeit not the good kind. A corporate bond offering from Alphabet pushed yields quickly higher just befor..[read more]

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