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Real Estate News
Rates Pull Back Slightly After Stronger Economic Data
Thu, 01 May 2025 19:32:00 GMT

After enjoying a calm, steady winning streak so far this week, mortgage rates finally experienced a bump back toward slightly higher levels on Thursday. The move followed the release of a closely watched report on the manufacturing sector. The econo..[read more]

Secondary Database, AI Information, Consulting, DSCR, Non-QM Products; Freddie Earnings $62 Billion
Thu, 01 May 2025 15:51:16 GMT

May Day' whether you celebrate today as "about' halfway between the Northern Hemisphere's Spring equinox and Midsummer solstice associated with maypoles, or a day that commemorates the historic struggles and gains made by workers and the labor moveme..[read more]

ISM Manufacturing Data Surprises Bonds (Not in a Good Way)
Thu, 01 May 2025 15:26:14 GMT

2 weeks ago, we got our first hint that the market was once again ready to respond to economic data after a few weeks of tariff headlines being the only game in town.  The hint came from the price data inside the S&P Manufacturing PMI data. It w..[read more]

Action Packed Calendar But No Major Action in Bonds
Wed, 30 Apr 2025 20:51:00 GMT

Action Packed Calendar But No Major Action in Bonds This morning's economic calendar was certainly the most action-packed of the present week. GDP had something for everyone. The evening news can no doubt harp on..[read more]

Another Small Victory For Mortgage Rates
Wed, 30 Apr 2025 20:19:00 GMT

Mortgage rates continue enjoying a completely different volatility regime compared to just a few weeks ago.  Back then, it wasn't a surprise to see the top tier average rate move by more than 0.10% on any given day, nor was it uncommon to see mu..[read more]

Buy Before You Sell, Jumbo, CRM Tools; Climate and Catastrophes; Fannie Earnings
Wed, 30 Apr 2025 15:48:07 GMT

I don't know where April went, but we're at the end of it, and 2025 is 1/3 over. The future sure quickly becomes the past. In the book "1984' George Orwell observed, "Who controls the past controls the future. Who controls the present controls the pa..[read more]

Lots of Econ Data and Mixed Messages, But Not Much Change in Bonds
Wed, 30 Apr 2025 15:31:32 GMT

In terms of line items, Wednesday morning is the week's most active morning for economic reports. Several of them were potentially important, but the net effect has been muted so far.  In fact, MBS are perfectly unchanged despite an initial sell..[read more]

Trading Range Restored. Big Data on Deck
Tue, 29 Apr 2025 20:20:14 GMT

Trading Range Restored. Big Data on Deck Today's trading was almost a carbon copy of yesterday's with overnight losses, an AM reversal, and gradual improvement that leveled off in the PM hours. With those gains, ..[read more]

Friendly, Stable Trend Continues For Mortgage Rates
Tue, 29 Apr 2025 19:25:00 GMT

It's now been more than a week since mortgage rates ended the day higher than the previous day.  And we haven't recovered quite as much lost ground as 10yr Treasury yields, we're getting pretty close to fully re-entering the narrow range that pe..[read more]

Tech Change, Borrower Communication Tools; Webinars and Training This Week; Audrey Boissoneau Interview
Tue, 29 Apr 2025 15:44:59 GMT

My cat Myrtle was always interested in both the primary and secondary markets' for line-caught halibut. In residential lending, the secondary markets shouldn't be a mystery to anyone. Did you know that Fair Housing laws apply to the secondary markets..[read more]

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