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Real Estate News |
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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Modest Increase in Rates is a Win. Here's Why
Wed, 11 Feb 2026 19:26:00 GMT
Mortgage rates moved 0.03% higher today. On almost any other day, this would be a bit of a bummer, but in today's case, it's a victory. There was a ton of potential volatility in the underlying bond market heading into the day due to the scheduled r..[read more]
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Calmer Week For Mortgage Apps
Wed, 11 Feb 2026 19:03:00 GMT
Mortgage application activity was essentially flat last week, almost impressively so. After much recent volatility, the index is finding a brief moment of stability, and borrowers seem content continue to weigh affordability challenges and wait for c..[read more]
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DPA, HELOC, Correspondent eNote, Escrow Mgt. Tools; STRATMOR on IMB Concerns; Servicing Alarms
Wed, 11 Feb 2026 16:50:37 GMT
Products, Services, and Software for Brokers and Lenders "Escrow is supposed to be predictable. But in default servicing, that predictability diminishes when a loan enters delinquency. Escrows stop being a background process and turns into a manual..[read more]
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Bonds Selling But Not Panicking After Super Strong Jobs Numbers
Wed, 11 Feb 2026 14:48:38 GMT
Nearly an hour after this morning's surprisingly strong jobs report, 10yr yields are only 4.4bps higher at 4.19%. On a normal day, 4.4bps might be a fairly big sell-off, but it's a huge victory on a day where payrolls came in at 130k vs 70k forecast,..[read more]
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Best Levels in Weeks Ahead of High Stakes Jobs Report
Tue, 10 Feb 2026 20:39:00 GMT
Best Levels in Weeks Ahead of High Stakes Jobs Report Rather than circle the wagons and consolidate the recent rally, bonds kicked the buying into higher gear on Tuesday thanks to a surprisingly weak Retail Sales..[read more]
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