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Real Estate News |
Oil Impact Ultimately Shunned in Favor of Jobs Report Implications
Fri, 06 Mar 2026 21:39:43 GMT
Oil Impact Ultimately Shunned in Favor of Jobs Report Implications It was a super interesting day for the bond market. Yields rose to the week's highs overnight as oil prices continued to surge. We knew we'd get ..[read more]
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Volatile Crosscurrents Keep Mortgage Rates Relatively Flat
Fri, 06 Mar 2026 20:24:00 GMT
Before this morning's jobs report was released, mortgage rates were on track to end the week at their highest levels in several weeks. This was due to an ongoing mega-spike in oil prices spilling over to the bond market (higher oil = higher inflation..[read more]
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Highest Refi Demand in 4 Years After Last Week's Rate Rally
Fri, 06 Mar 2026 20:00:00 GMT
Mortgage application activity surged last week in response to headlines of mortgage rates stably holding multi-year lows. The Mortgage Bankers Association (MBA) reported an increase of 11.0% on a seasonally adjusted basis for the week ending Februa..[read more]
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Verification Tool; Company and Training Webinars at Home; Capital Markets; Oil-Driven Inflation?
Fri, 06 Mar 2026 15:53:31 GMT
Officially winter ends on 3/19, as the Spring Equinox is 3/20. Most modern clocks these days auto-update when daylight savings begins/ends. So, Sunday morning I'll be walking around my house thinking, "Wow... times have changed.' This Sunday many pla..[read more]
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Massive Miss in NFP. So Why Aren't Bonds Improving?
Fri, 06 Mar 2026 14:29:12 GMT
It's shaping up to be a frustrating day market watchers. Decades of experience tells us that bonds should rally fairly sharply on a day where nonfarm payrolls miss the forecast by the widest margin in more than a year. At -92k vs +59k, today fi..[read more]
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Dueling Narratives Leave Yields Higher Ahead of Jobs Report
Thu, 05 Mar 2026 20:32:08 GMT
Dueling Narrative Leave Yields Higher Ahead of Jobs Report In the overnight session yields followed oil prices higher, but notably, Treasuries continued to sell even after oil leveled off. Then during domestic ho..[read more]
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Mortgage Rates Bounce Back Up Near Recent Highs
Thu, 05 Mar 2026 20:02:00 GMT
Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overnight hours, bond yields (which generally correlate with mortgage rates) moved higher in concert with ..[read more]
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Wholesale, Best Ex, Verification Tools; Cybersecurity News and The Figure Incident; Capital Markets
Thu, 05 Mar 2026 16:19:29 GMT
Here in Park City, at the annual mortgage ski trip, some of the banter is social, and some is focused on business. On the business side of things, one topic is the nearly 1 million people impacted by hackers attacking Figure Technology Solutions, a b..[read more]
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10yr Breaking Above 4.10% After Overnight weakness
Thu, 05 Mar 2026 14:24:53 GMT
The bond market has already shown an indifference to this week's econ data as a market mover (even though we expect that to change with tomorrow's jobs report). This morning, however, the trend continues with stronger jobless claims and a big uptick ..[read more]
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Mortgage Rates Move Back Down Despite Stronger Data
Wed, 04 Mar 2026 20:31:00 GMT
Economic data is one of the few consistent sources of motivation for interest rates in the mortgage world and beyond. In general, stronger data tends to push rates higher and vice versa. But in today's case, that correlation didn't pan out. The firs..[read more]
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