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Real Estate News |
Bonds Close Out Epic Week of Resilience With Friendly Data
Fri, 13 Feb 2026 21:13:36 GMT
Bonds Close Out Epic Week of Resilience With Friendly Data Friday was a logically friendly day thanks to slightly lower CPI. But no matter what happened on any of the other 4 days, this week was all about bonds e..[read more]
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Mortgage Rates Oh So Close to 3 Year Lows
Fri, 13 Feb 2026 19:07:00 GMT
When the administration announced that Fannie and Freddie would be buying mortgage-backed securities in early January, rates fell sharply to the lowest levels in more than 3 years. After a moderate rebound the following week, we've been holding mostl..[read more]
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Not So Fast: January Existing-Home Sales Give Back December's Gains
Fri, 13 Feb 2026 18:54:00 GMT
Existing-home sales pulled back sharply in January, quickly dashing any hopes that December's year-end rebound brought, as harsh winter weather and still-tight supply conditions weighed on activity. Sales fell 8.4% to a seasonally adjusted annual ra..[read more]
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LOS, Guideline, AI Search, Non-QM Pricing Products; FSBO.com Acquired; Thoughts on Measuring Creditworthiness
Fri, 13 Feb 2026 15:58:41 GMT
Products, Services, and Software for Brokers and Lenders QC works as an early warning system, but it only creates value when findings are recognized, validated, and turned into action. As agency expectations continue to shift, lenders are being ask..[read more]
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Bonds Rally, Ignoring Surge in SuperCore CPI
Fri, 13 Feb 2026 14:55:28 GMT
CPI came in just a hair below forecasts at the headline level and right in line with forecasts at the core level (unrounded .295 vs .300). Shelter components continued lower with Owners' Equivalent Rent at 0.220 (basically a cycle low if we ignore th..[read more]
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Yields Magically and Mysteriously Sink to Lowest Levels in 2 Months.
Thu, 12 Feb 2026 21:16:44 GMT
Yields Magically and Mysteriously Sink to Lowest Levels in 2 Months. At the 3pm CME close, 10yr yields were just over 4.10%--the lowest level since December 4th, 2025. In light of yesterday's stronger jobs ..[read more]
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Mortgage Rates Slide to New Multiweek Lows
Thu, 12 Feb 2026 19:35:00 GMT
Just one day after an incredibly strong jobs report--something that would normally create problematic upward momentum for rates--the average lender is back to the lowest levels since January 16th. At the risk of overusing a played-out metaphor, this ..[read more]
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Non-QM Pricing, Appraisal, BI, Servicing Tools; Interview With Pennymac Chief Strategist; CFPB Update
Thu, 12 Feb 2026 16:47:05 GMT
Here at San Diego's MCT Exchange 2026, the hallway chatter is varied. These are capital markets personnel, so things are pragmatic. One topic is Freddie Mac's earnings: $2.8 billion in income for the fourth quarter of 2025 and $10.7 billion for 2025...[read more]
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Slower Data. Slower Morning
Thu, 12 Feb 2026 14:07:03 GMT
When the jobs report makes a big statement, bonds are more likely to exhibit elevated momentum and volatility in the following days. In more than a few past examples, a big jobs report can set the tone for the entire month--all the way until the next..[read more]
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Stunning Resilience
Wed, 11 Feb 2026 21:09:32 GMT
Stunning Resilience One could argue that our bar is set too low if we view today's bond market resilience as "stunning," but if that's not the right word, it's damn close. Last Thursday saw yields drop 8bps, larg..[read more]
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