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Real Estate News |
Incidental, Inconsequential Weakness Ahead of Fed Week
Fri, 12 Sep 2025 19:43:26 GMT
Incidental, Inconsequential Weakness Ahead of Fed Week Bonds began the day in modestly weaker territory and yields are heading out right where they started. In fact, yields are also right in line with the o..[read more]
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Mortgage Rates Were Flat All Week No Matter What Other News Suggests
Fri, 12 Sep 2025 19:20:00 GMT
The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight. Weaker bonds equate to higher rates, all else equal. "Higher rates" is contrary to many media outlets' coverage this w..[read more]
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2nd, Database Mining, Manufactured Housing Products; Weak Job Market Impacting Rates?
Fri, 12 Sep 2025 15:38:35 GMT
"Rob, we've said 'no' to more expansion possibilities than ever before. Are you hearing other lenders doing deep dives on LOs and branches and also not seeing a profitable path?' Yes indeedy. Here in Jackson, MS, at the Mississippi Mortgage Banker's ..[read more]
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Back in The Range After Failed Breakout Attempt
Fri, 12 Sep 2025 15:11:56 GMT
Bonds began the week with 10yr at 4.07 before rallying down to 4.04 by Monday's close. Now on Friday, we're opening at 4.06 and we haven't spent much time trading more than a few bps higher or lower than that for the entire week. Translat..[read more]
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Very Calm Reaction But Not Too Surprising
Thu, 11 Sep 2025 20:25:56 GMT
Very Calm Reaction But Not Too Surprising One could argue that CPI is the next biggest potential market mover after the jobs report. With that in mind, it might seem surprising that MBS are heading out the door r..[read more]
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Mortgage Rates Move Back to Long-Term Lows
Thu, 11 Sep 2025 19:51:00 GMT
Today's inflation report (the Consumer Price Index or CPI) certainly had a chance to create volatility for rates, but things ended up staying fairly calm. There are multiple subheadings of data that the bond market cares about when it come to ..[read more]
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Slightly Stronger Start Despite Slightly Higher Inflation
Thu, 11 Sep 2025 16:10:55 GMT
It's an interesting morning for economic data and the bond market's reaction. At face value, CPI was mostly in line with forecasts, but unrounded numbers were a bit hot (i.e. core monthly CPI was 0.346%, almost high enough to make for a 0.4 vs ..[read more]
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Recapture, Compliance, Marketing, Warehouse Mgt. Tools; Webinars and Training This Week; 10-Year Yield Hits 4.00
Thu, 11 Sep 2025 15:41:08 GMT
"All I know is what I read in the papers,' Will Rogers quipped. In news in the papers from our Census Bureau, AI use at large companies is in decline. "A dip in corporate AI adoption isn't a great sign for an industry hellbent on world domination.' I..[read more]
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Helpful Data and Treasury Auction Set High Bar For CPI
Wed, 10 Sep 2025 20:28:08 GMT
Helpful Data and Treasury Auction Set High Bar For CPI Another fairly straightforward day for the bond market with friendly econ data and a strong 10yr Treasury auction both helping push yields lower. If it seems..[read more]
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Mortgage Rates Hold Steady With Help From Econ Data
Wed, 10 Sep 2025 20:02:00 GMT
Wednesday brought the first of this week's two key inflation reports. While the Producer Price Index (PPI) is the lesser of the two in terms of potential impact on rates, it came in far enough below expectations to make for a measurable improvement. ..[read more]
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