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Real Estate News |
Decent Gains With Some Help From 7yr Auction
Wed, 24 Dec 2025 18:18:26 GMT
Decent Gains With Some Help From 7yr Auction You know it's a holiday with an early closure if we're talking about a 7yr Treasury auction having an impact on the bond market. To be fair, 7s have had an impact once..[read more]
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Lowest Rates in Nearly a Month
Wed, 24 Dec 2025 18:01:00 GMT
It was a short day for the bond market that underlies mortgage rates, but a good one. A side effect of holiday weeks and early market closures is a bit of random volatility without any obvious justification. When volume and participation are low, bon..[read more]
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Christmas Eve: AI POS, Subservicing, Jumbo Products; Thoughts Operating Models; Freddie and Fannie News
Wed, 24 Dec 2025 16:44:55 GMT
Lender and Broker Services, Products, and Software "What would 50-100 bps more per jumbo loan mean for your team? Winning in today's market takes more than price, but having a competitive bid still matters. Give your loan officers a strong start to..[read more]
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Bonds Are Open... Sort Of
Wed, 24 Dec 2025 14:26:59 GMT
While many government employees have the day off today and Friday, these are not new, official Federal Holidays. As such, the bond market is open on the same schedule as always. Incidentally, that's an early close (2pm ET) on the 24th and a full clos..[read more]
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Stunning Display of Holiday Trading Weirdness
Tue, 23 Dec 2025 21:43:59 GMT
Stunning Display of Holiday Trading Weirdness GDP for Q3 may be ancient history as far as econ data goes, but markets didn't seem to think so in the hour following this morning's release. GDP was much stronger th..[read more]
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Mortgage Rates Ultimately Unchanged After Starting Higher
Tue, 23 Dec 2025 21:11:00 GMT
Mortgage rates have broadly been in a narrow holding pattern for the past 4 months and an even narrower range during December. Today will do nothing to change that with the average lender ending the day exactly where they left of yesterday. Earlier ..[read more]
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AI, Cap Mkts Tools; Delinquencies Increasing; loanDepot Case Ethics Motion; Bill Dawley Interview
Tue, 23 Dec 2025 16:52:15 GMT
Will rates impact the latest MBA origination forecast of $2.2 trillion next year? Sure, although' The Federal Reserve has cut overnight rates, but longer-term rates (like 15- and 30-year mortgages) have done little or have gone up. Recently news came..[read more]
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GDP Reaction a Prime Example of Holiday Distortion
Tue, 23 Dec 2025 14:54:20 GMT
We've spent the past several days reiterating and lamenting the onset of the holiday trading doldrums--a time of year that sees vastly lower volumes/liquidity/participation, and thus runs the risk of volatility that's more random and larger than it o..[read more]
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Range-Bound Cruise Control, PM Edition
Mon, 22 Dec 2025 20:57:43 GMT
Range-Bound Cruise Control, PM Edition Bonds came into the domestic session at slightly weaker levels and held mostly sideways for the entire day. There were no meaningful market movers in play, let alone any mea..[read more]
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Mortgage Rates Hold Steady to Start Holiday-Shortened Week
Mon, 22 Dec 2025 20:21:00 GMT
Mortgage rates are tied to movement in the bond market and bonds were close enough to Friday's levels that mortgage rates were essentially unchanged today. This keeps the average lender in the lower portion of the narrow range seen over the past 4 mo..[read more]
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