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Real Estate News |
Bonds Faded in the Afternoon Despite Oil Price Recovery
Mon, 08 Jun 2026 21:18:45 GMT
Bonds Faded in the Afternoon Despite Oil Price Recovery Oil prices and bond yields started the overnight session higher, but both moved to the lows of the day just after 9:30am. From then on, oil went broadly sid..[read more]
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Mortgage Rates Just a Bit Higher After Last Week's Jump
Mon, 08 Jun 2026 20:33:00 GMT
The average top-tier 30yr fixed mortgage rate rose 0.08% last Friday after the jobs report came in much stronger than expected. Today added another 0.02% of upward movement. Today's level of 6.68% is the 3rd highest of the past 9 months. Unlike Frid..[read more]
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Verification, Non-QM Corresp., AI/POS Products; Upcoming Webcasts; Non-Agency Product News
Mon, 08 Jun 2026 15:29:31 GMT
Remember when talk of a "re-IPO' of Freddie and Fannie dominated residential lending news? That has certainly quieted, Pulte's attentions are diverted, and you can certainly buy stock in them now: share prices for both are down about 30 percent this ..[read more]
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Traders Cautiously Buying The Dip
Mon, 08 Jun 2026 13:57:39 GMT
Things got a bit worse before they got better over the weekend. 10yr yields were as high as 4.58% in overnight trading, but are now roughly unchanged in early domestic trading. Oil prices mirrored the same movement overnight, but haven't recover..[read more]
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At Least It Didn't Get Much Worse After The Initial Rout
Fri, 05 Jun 2026 20:42:40 GMT
At Least It Didn't Get Much Worse After The Initial Rout If you had to find something reassuring to say about the bond market today, it would be that there wasn't much selling after 9am ET. Unfortunately, there w..[read more]
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Mortgage Rates Jump After Strong Jobs Report
Fri, 05 Jun 2026 18:29:00 GMT
Over the past three months, mortgage rate movement has been driven primarily by developments in the Iran war. It's not that war, itself, is a consideration, but rather the implications for fuel prices and inflation. Bonds care deeply about inflation ..[read more]
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Mortgage Apps Pull Back Modestly
Fri, 05 Jun 2026 18:25:00 GMT
Mortgage applications eased again last week even as borrowing costs moved lower, suggesting that modest rate relief was not enough to bring borrowers back in force. The Mortgage Bankers Association (MBA) reported a 2.5% decrease in total applicatio..[read more]
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Tech Stack Mgt, Verification, DSCR, 2nd Products; In-Person Mortgage Events; What's Moving Rates?
Fri, 05 Jun 2026 14:53:57 GMT
Today we're going to learn about the facts of life. Trivia-loving basketball facts' fans know that this is the first time the NY Knicks have led in the finals since the night of OJ's White Bronco car chase. Homeowner's insurance has become the "you c..[read more]
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Job Market Says "I'm Not Dead Yet." Bond Market Doesn't Love It
Fri, 05 Jun 2026 14:08:47 GMT
Buzz has been growing around the labor market for the past several months, but today's jobs report went the extra mile to make it official. The job market is officially re-accelerating. Actually, the better claim would be that the jobs market is simp..[read more]
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Modest Gains Maintained After Intraday Slippage
Thu, 04 Jun 2026 20:12:53 GMT
Modest Gains Maintained After Intraday Slippage Slippage is a bit less severe than leakage. Neither of them will turn a green day red, but they both erode morning gains. Today's gains primarily followed a pre-mar..[read more]
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