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Real Estate News |
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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Lowest Mortgage Rates in More Than 3 Weeks
Tue, 10 Feb 2026 19:20:00 GMT
Mortgage rates fell on Tuesday following a downbeat Retail Sales report. At 0.05%, it was the largest single-day drop since the uncommonly big 0.15% drop on January 9th. This also takes the average 30yr fixed rate to 6.11%, easily below its recently ..[read more]
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Servicing, QC, Workflow, Non-Agency Products; LOs Using Tools Effectively; STRATMOR Tech Survey
Tue, 10 Feb 2026 16:52:54 GMT
Products, Services, and Software for Brokers and Lenders There's a reason $5.99 feels different than $6.00. Behavioral economists call it the "left-digit effect.' When it comes to mortgage rates, borrowers just call it a reason to refinance. Optima..[read more]
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Bonds Taking a Pre-NFP Lead-Off
Tue, 10 Feb 2026 14:42:15 GMT
Last Thursday, we discussed the paradox of a rally in the present moment being driven by future data. More specifically, the three downbeat labor market reports increased the stakes for tomorrow's jobs report. Depending on trends and trading position..[read more]
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