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Real Estate News |
Bonds Tell Warsh What They Think of His Changes
Wed, 17 Jun 2026 21:00:13 GMT
Bonds Tell Warsh What They Think of His Changes Ironically, one of Warsh's comments in today's press conference was that market movement is the most important source of information for the Fed. At the same time, ..[read more]
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Mortgage Rates Spike in Response to Fed
Wed, 17 Jun 2026 20:09:00 GMT
Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the..[read more]
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Here's What Changed in The New Fed Announcement
Wed, 17 Jun 2026 18:00:57 GMT
Recent indicators suggest that economic activity has been expanding at The Federal Open Market Committee approved the following statement for release by a solid pace. Job gains have remained low, on average, and the unemployment rate has been litt..[read more]
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NMLS Review, Fraud Monitor, Margin Mgt. Tools; Mortgage Products Shifting... Progressive's "Uppayment"?
Wed, 17 Jun 2026 15:44:51 GMT
Here in Honolulu, as it is in places like Florida and New York, the condo market and HOA fees are of paramount importance, as are the affordability impact of special assessments. Even though the inventory of houses for sale has steadily increased in ..[read more]
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What Are Bonds Waiting For?
Wed, 17 Jun 2026 13:40:08 GMT
So far today, we've seen some war-related headlines that feel like they should have gotten at least a mild response (Trump saying MOU isn't final and could go back to dropping bombs) and a Retail Sales report that speaks to ongoing economic expansion..[read more]
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Decent Gains, But Some Signs of Resistance
Tue, 16 Jun 2026 20:24:27 GMT
Decent Gains, But Some Signs of Resistance Bonds improved overnight at the start of European trading and made additional gains in concert with lower oil prices during the domestic session. Notably, the gains met ..[read more]
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Mortgage Rates Lowest Since May 14th
Tue, 16 Jun 2026 19:56:00 GMT
Today's top tier 30yr fixed rate was 6.54% for the average lender. You'd have to go back to May 14th's reading of 6.52% to see anything lower. The latest improvement follows another moderate drop in oil prices and bond yields as global markets digest..[read more]
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Stronger Overnight as Europe Trades Peace
Tue, 16 Jun 2026 15:55:19 GMT
European markets definitely got in on the peace deal action yesterday, but they didn't trade it nearly as aggressively as US markets. Why bring this up? There was a fairly obvious shift toward lower oil prices and bond yields overnight, and the..[read more]
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AI Products; Fair Lending, Deportations, and Service Animals; AI Governance; Pennymac's AI Path
Tue, 16 Jun 2026 14:55:52 GMT
Sure, we have a Fed meeting, but the Fed doesn't set mortgage rates. Will they all head off on vacation after this week? Perhaps. Given the increase in the "out of office' replies I am seeing, and children in airports, summer vacation is in full swin..[read more]
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Gradual Selling Leaves Bonds Only Slightly Stronger.
Mon, 15 Jun 2026 20:15:36 GMT
Gradual Selling Leaves Bonds Only Slightly Stronger. With both sides signing the peace memo, the market was immediately willing to react in the overnight session, but that reaction fell short of what we might e..[read more]
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