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| Non-Agency, DSCR, eSignature, Data Analysis Tools; Deep Dive on "Fed Week" | ||
| 12/8/2025 10:26 AM | ||
| “Blimps are one of the only forms of advertisement people are actually excited to see.” “Rob, we see all kinds of companies advertising at conferences. We are trying to lower our cost per loan, and I am doing a more formal review of third-party providers. I am wondering if there is a list of vendors who focus on certain areas out there?” Yup: a ver...Read More | ||
| Yields Testing Range Ceiling Ahead of Auctions, Data, And The Fed | ||
| 12/8/2025 9:07 AM | ||
| Bonds are under pressure yet again at the start of the new week--insult added to injury coming off of the worst week of selling since the late October Fed announcement. On that note, some of the recent weakness could be the bond market"s way of bracing for another unfriendly impact from the Fed. There"s also the need to make room for Treasury ...Read More | ||
| Technicals Help Reconcile Selling Pressure | ||
| 12/5/2025 3:40 PM | ||
| Technicals Help Reconcile Selling Pressure In the realm of market commentary, technicals are a vastly overused explanation for past movement, let alone for the prediction of future movement. In this week"s case, however, the consolidation pattern in bond yields offers one of the only ways to understand the ...Read More | ||
| Mortgage Rates Could See More Volatility Next Week | ||
| 12/5/2025 3:06 PM | ||
| Average mortgage rates drifted slightly higher to end the week, though they remained under the levels seen on Monday and Tuesday. Even then, none of this week"s movement was especially abrupt. That"s interesting considering there was a decent amount of economic data throughout the week. It could be that the rate market is simply waiting for the he...Read More | ||
| Mortgage Apps Ebb Despite Strongest Purchase Demand in Years | ||
| 12/5/2025 12:43 PM | ||
| Seasonally adjusted mortgage application activity edged 1.4% lower last week according to MBA’s Weekly Mortgage Applications Survey for the week ending November 28. Unadjusted applications were down sharply (33%) due to the holiday. The Refinance Index slipped 4% from the previous week but remains 109% higher than the same week one year ago—still ...Read More | ||
| Earned Equity, HELOC, CRM, AI Agent, DSCR Hedging Products; Conventional Conforming Changes | ||
| 12/5/2025 10:45 AM | ||
| Recently I paid over $10 for a simple Oscar Mayer 12-ounce package of bacon. Jerome Powell, help me! Well, the U.S. Federal Reserve doesn’t set bacon prices, or things that come from China like rare earth metals, most of which I’ve never heard of but are apparently in my phone and car’s dashboard. Geopolitical tensions and export restrictions in Ch...Read More | ||
| Inconsequential Data and Modest Movement | ||
| 12/5/2025 9:33 AM | ||
| If there"s one resounding theme in the bond market this week, it"s that trading momentum marched to its own beat with almost zero regard for the available economic data. While this was a notable disconnect on Wednesday (little reaction to ADP/ISM), it"s fairly easy to reconcile on a day like today where the PCE data is super stale (delayed rel...Read More | ||
| Bond Momentum Continues Ignoring Data | ||
| 12/4/2025 3:21 PM | ||
| Bond Momentum Continues Ignoring Data On multiple recent occasions, we"ve seen bonds make a moderate move on days with important economic reports, but not in response to those economic reports. Thursday was the latest example. The 8:30am jobless claims data was undoubtedly a tradeable event based on the big...Read More | ||
| Mortgage Rates Are Actually Higher This Week | ||
| 12/4/2025 2:46 PM | ||
| Today"s mortgage rates a just a hair higher than yesterday"s and although yesterday"s rates were reasonably close to last Friday"s, they were still definitely higher. That last assertion is at odds with some of the mortgage rate media coverage you may encounter today, but there"s a logical reason. Freddie Mac releases its weekly mortgage rate surv...Read More | ||
| Home Value, Due Diligence, AVM, Refi Products; Extensive HELOC, DSCR, Non-QM Product Changes | ||
| 12/4/2025 10:39 AM | ||
| “No plan survives contact with the enemy.” While Freddie rolled out its AI plans, for some lenders, mortgage companies owned by builders, and the builders themselves, can sometimes be viewed as adversaries. In dealing with buyers of new homes, builders and their lender arm often adjust seller credits, par rates, and buy down programs. Builders, of ...Read More | ||