Jon Hesse
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Real Estate News
Data Didn't Hurt, But Bonds Underperformed The Oil Price Recovery
Tue, 05 May 2026 19:20:59 GMT

Data Didn't Hurt, But Bonds Underperformed The Oil Price Recovery Today's headline is somewhat misleading. It points out the fact that oil prices made it back to yesterday's lows whereas bond yields didn't even c..[read more]

Mortgage Rates Edge Just Barely Lower
Tue, 05 May 2026 18:43:00 GMT

One popular refrain in the mortgage industry is that rates take the escalator on the way up and the stairs on the way down. Yesterday was definitely an "escalator" sort of day with the average lender moving up 0.12% for a top-tier 30yr fixed rate. B..[read more]

Ginnie Guide, Borrower Marketing, e-Note Products; AI Webcast; Advocacy Week Approaching
Tue, 05 May 2026 15:20:36 GMT

Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, is now operating as a fully independent company, enabling direct partnerships with wholesale brokers and private label correspondents. Brokers are already active on t..[read more]

Modest Recovery Ahead of Econ Data
Tue, 05 May 2026 13:37:16 GMT

After hitting the highest yields in more than a month yesterday, bonds have managed to pick up a few bps. The bulk of the recovery was already in place by yesterday's close, but yields dropped another 2bps after war-related headlines just after 8am (..[read more]

Markets Hit by Glut of Escalation Headlines
Mon, 04 May 2026 20:08:24 GMT

Markets Hit by Glut of Escalation Headlines Monday's trading session ended up being as simple as it was unpleasant. Bonds lost ground somewhat sharply as war-related headlines kept adding up to additional escalat..[read more]

Highest Rates in More Than a Month
Mon, 04 May 2026 19:19:00 GMT

Top-tier 30-year fixed rates are back above 6.5% today for the first time in more than a month for the average lender. Many lenders raised rates during the course of the day as well.  Those who didn't will likely have to raise rates tomorrow unl..[read more]

Compliance, Surveys, eGuides and Webinars; Agency Updates; Spector Q&A
Mon, 04 May 2026 14:49:45 GMT

The industry is talking about their earnings: Fannie Mae had $3.7 billion of net income, Freddie Mac had net income of $3.6 billion. Regular and frequent information like this is critical to make informed decisions, whether you're thinking about buyi..[read more]

Weaker Start. Bonds Not Recovering With Oil So Far
Mon, 04 May 2026 14:09:16 GMT

The overnight and early domestic trading hours have brought a mix of familiar and unfamiliar patterns. Up until roughly 8:30am, we saw a very familiar correlation between oil prices and bond yields. Both spiked at 6am following reports that 2 Iranian..[read more]

Some Volatility Surrounding Headlines, But Not Much Change
Fri, 01 May 2026 19:27:00 GMT

Some Volatility Surrounding Headlines, But Not Much Change Bonds began the day roughly flat before losing ground modestly into the 9am hour as markets mis-read headlines regarding new peace proposals submitt..[read more]

Mortgage Rates End Week on a Calm Note
Fri, 01 May 2026 17:58:00 GMT

Low volatility was the most obvious theme for mortgage rates last week. From April 14th through last Friday, the range for a top-tier 30yr fixed rate remained in an ultra-narrow range of 6.29-6.33%. That trend persisted on Monday of this week, but th..[read more]

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