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Real Estate News
Logical Pull-Back on Tamer Tariff Talk, But Mortgages Outperform
Fri, 17 Oct 2025 21:01:16 GMT

Logical Pull-Back on Tamer Tariff Talk, But Mortgages Outperform If there was only one event to be aware of on Friday, it was a Trump comment around 7:10am ET in which The President said that the recently-announc..[read more]

Rates Hold Steady Just Above 3 Year Lows
Fri, 17 Oct 2025 18:22:00 GMT

The average top tier 30yr fixed rate was unchanged on Friday despite the bond market being slightly weaker. Normally, weaker bonds mean higher rates, but the timing of intraday market movement matters. In today's case, bonds are still much stronger t..[read more]

Bonds Partially Unwinding Yesterday's Liquidity Panic
Fri, 17 Oct 2025 15:53:14 GMT

By process of elimination and ongoing forensic efforts, it's becoming more and more clear that yesterday's mystery rally in the short end of the yield curve was a product of liquidity/reserve stress in short-term funding markets. While the regional b..[read more]

TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away?
Fri, 17 Oct 2025 15:38:54 GMT

Under the category of careers that are, or will be, impacted, by artificial intelligence, attorneys are inevitably on it. Here's a tale of a lawyer caught using AI while explaining to the Court why he used AI. In other legal mortgage news, California..[read more]

Seriously... No One Seems to Know
Thu, 16 Oct 2025 20:16:17 GMT

Seriously... No One Seems to Know Today's most prominent feature was a large, rapid move in Fed Funds Futures and other short-term rate metrics.  Longer term rates benefited as well, but short term rates cle..[read more]

Mortgage Rates Quickly Approaching Long-Term Lows
Thu, 16 Oct 2025 19:42:00 GMT

Despite a stark absence of any truly inspiring events, interest rates have managed to put in two fairly serious days of movement. In today's case specifically, there was an obvious intraday surge in the underlying bond market. While that surge wasn't..[read more]

Rate Sheet, AI, Verification, Servicing, Flood Tools; Primer on What Builders Can and Can't Do
Thu, 16 Oct 2025 15:46:07 GMT

"I was gambling in Las Vegas; I took a little risk. Send lawyers, guns, and money, Dad, get me out of this!' Hopefully, no one heading to LV tomorrow or this weekend runs into that kind of trouble. Did you know' The difference between an American rou..[read more]

Block Trades Setting The Tone After Mostly Data-Free Morning
Thu, 16 Oct 2025 13:40:21 GMT

There were quite a few economic reports that would have been released this morning were it not for the gov shutdown.  OK, well only 3 notable absences, but there would have been a 3 week backlog of jobless claims in addition to typically sp..[read more]

Fairly Flat At Strongest Levels in Weeks
Wed, 15 Oct 2025 21:32:41 GMT

Fairly Flat At Strongest Levels in Weeks 10yr yields ended the day a mere 0.1bp higher than yesterday (4.029 vs 4.028).  Call it "unchanged," and no one will argue. In this case, an unchanged result means we..[read more]

Mortgage Rates Slip to Another Multi-Week Low
Wed, 15 Oct 2025 20:26:00 GMT

Mortgage rates are based on bonds and bonds are trading at their best levels since September 17th.  Of course there are different kinds of bonds, so we should specify that we're talking about the bonds that are specifically tied to mortgages (MB..[read more]

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