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Real Estate News |
Mortgage Rates Near 1-Year Highs
Mon, 13 Jul 2026 20:12:00 GMT
Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you're an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let..[read more]
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Fraud Report, AMC, Non-QM Products, eNote News; ROAD to Housing Thoughts; Oil and Rates
Mon, 13 Jul 2026 15:55:40 GMT
Recently, MISMO released its new white paper, "From Paper to Performance: How eNotes and eClosing Streamline Liquidity,' providing guidance for originators, warehouse lenders, investors, and technology providers to implement digital mortgage solution..[read more]
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Weekend Weakness And Another Showdown With a Technical Ceiling
Mon, 13 Jul 2026 13:21:16 GMT
Bonds are weaker to start the new week and the catalyst is simple. The U.S. ramped up air strikes in Iran, both in terms of number and distance inland. Iran responded by hitting various allied targets. Perhaps more importantly for financial markets, ..[read more]
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Some Bond-Specific Weakness in The Afternoon
Fri, 10 Jul 2026 19:50:03 GMT
Some Bond-Specific Weakness in The Afternoon Oil and Treasury yields were almost perfectly correlated for almost the entire week. Friday afternoon was an exception. Oil continued sideways to slightly lower while ..[read more]
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Mortgage Rates End Week Roughly Unchanged
Fri, 10 Jul 2026 18:39:00 GMT
Rates are based on bonds and bonds have been taking cues from oil prices this week. Oil was flat overnight, bringing bonds along for the sideways ride. As such, the average mortgage lender began the day almost perfectly in line with yesterday's lates..[read more]
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Existing-Home Sales Continue Sideways Trend in June
Fri, 10 Jul 2026 18:25:00 GMT
Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to influence buyer activity. According to the National Association of REALTORS, sales fell 2.4% from May to a seasonally adjuste..[read more]
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Mortgage Applications Ease During Holiday-Shortened Week
Fri, 10 Jul 2026 18:21:00 GMT
Mortgage application activity slipped modestly last week as both purchase and refinance demand eased during the holiday-shortened period. The Mortgage Bankers Association (MBA) reported a 2.2% decrease in total application volume on a seasonally ad..[read more]
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Verification, AI, Prequal Products; STRATMOR Tech Survey; Government Program News
Fri, 10 Jul 2026 15:06:30 GMT
Did you know that 53 percent of statistics are made up on the spot? "Rob, you recently mentioned that 30 percent of repeat buyers paid cash and did not finance their home. Where did that statistic come from?' The most recent Home Buyers and Sellers R..[read more]
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Empty Calendar Leaves Focus on War Headlines
Fri, 10 Jul 2026 14:05:17 GMT
The entire week has been a study in the rekindled love affair between bond yields and oil prices. The latter is fairly flat versus yesterday's latest levels, so it's no surprise to see bonds in the same position. Without anything of note on the econ ..[read more]
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Slightly Stronger But There's a Catch
Thu, 09 Jul 2026 20:11:09 GMT
Slightly Stronger But There's a Catch Bonds had a decent day with MBS up more than a quarter point and 10yr yields down 3bps to 4.54+. While that adds some emphasis to the rejection of a technical breakout ..[read more]
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