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Real Estate News |
Powell Avoided Throwing Cold Water on Rate Outlook. Bonds Approved
Wed, 10 Dec 2025 21:41:47 GMT
Powell Avoided Throwing Cold Water on Rate Outlook. Bonds Approved Today's gains ended up being all about Powell's press conference. While there were a few potentially friendly comments (current rates in high end..[read more]
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Mortgage Rates Improve After Fed Announcement
Wed, 10 Dec 2025 21:02:00 GMT
The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. In fact, there was no movement in the bonds that underlie mortgage rates when the rate cut was annou..[read more]
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Mortgage Apps Bounce Back, Led By Refi Reversal
Wed, 10 Dec 2025 20:52:00 GMT
Seasonally adjusted mortgage application activity rose 4.8% last week, according to MBA's Weekly Mortgage Applications Survey for the week ending December 5. Unadjusted applications jumped 49% from the prior week, reflecting a rebound following the T..[read more]
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Here's What Changed in The New Fed Announcement
Wed, 10 Dec 2025 19:00:47 GMT
Available indicators suggest that economic activity has been expanding at a moderate pace. Job gains have slowed this year, and the unemployment rate has edged up but remained low through August; more September. More recent indicators are consis..[read more]
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DPA, Quick HELOC, Non-QM, Processing, AI Tools; Assumable Mortgages? Homebuyer Age Study
Wed, 10 Dec 2025 16:55:44 GMT
Somewhere, in a parallel universe, Mariah Carey is walking around some supermarket, sick of listening to me sing Christmas carols. This is, of course, a humorous assumption, but what isn't so humorous is the discussion begun by the Trump Administrati..[read more]
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What to Watch in Today's Dot Plot
Wed, 10 Dec 2025 15:14:24 GMT
Bonds were modestly weaker overnight, but have moved back into positive territory after this morning's Employment Cost Index and NYSE. This means 10yr yields are at the bleeding edge of the 3-month range heading into this afternoon's Fed announcement..[read more]
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Wednesday is All About Dot Plot and Powell
Tue, 09 Dec 2025 21:18:45 GMT
Wednesday is All About Dot Plot and Powell Bonds lost ground moderately and logically on Tuesday in response to the JOLTS data. From here, this week's volatility potential hinges on the Fed. Fed Funds Futures sug..[read more]
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Can The Fed Pull Mortgage Rates Off The Ceiling?
Tue, 09 Dec 2025 20:59:00 GMT
Mortgage rates were surprisingly steady on Tuesday with most lenders roughly in line with Monday's levels. Why surprising? Because the bond market was noticeably weaker and bonds dictate day to day mortgage rate movement. In Tuesday's case, we..[read more]
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Home Equity, Borrower Mining, Flood Tools; Milliman/MorVest Deal; Credit Cost News; Prepayments Slowing
Tue, 09 Dec 2025 16:43:36 GMT
"Seminar 'How to avoid frauds' is canceled. Tickets are non-refundable.' Collectively, we don't want mortgage fraud, right? It's a non-partisan issue. A grand jury rejected a new mortgage fraud indictment against New York Attorney General Letitia Jam..[read more]
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Job Openings Data Causing Weakness in Bonds
Tue, 09 Dec 2025 16:36:47 GMT
Tuesday is a fairly straightforward session for the bond market. By now, we assume most of the pre-Fed positioning would be out of the way, and we know there was a decent amount of anticipation for the JOLTS data (job openings and labor turnove..[read more]
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