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Three news feeds are on this page. Mortgage Daily News is below, followed by the Christian Science Monitor, and finally "Your Money" articles from the New York Times. I hope you enjoy these perspectives. |
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| Calm Day to End A Calm Week | ||
| 8/29/2025 3:21 PM | ||
| Calm Day to End A Calm Week While Friday itself may not have resulted in a rally for the broader bond market, it was nonetheless just as calm as any other day this week in terms of volatility. That"s a bit more impressive considering it was the only day with big-ticket econ data. Overall, the week was marke...Read More | ||
| Rates End Week at Best Levels; Next Week Could be Huge | ||
| 8/29/2025 1:30 PM | ||
| It was a very slow and steady week for mortgage rates. On all 5 days, the average top tier 30yr fixed rate moved by 0.02% or less. This is a small enough change that the average borrower wouldn"t see any detectable difference in a loan quote from one day to the next. But due to most of the changes being toward lower rates, Thursday and Friday...Read More | ||
| PCE Inflation Offers No Surprises | ||
| 8/29/2025 10:44 AM | ||
| There are two big picture inflation reports in US that address consumer prices: CPI and PCE. Of the two, PCE is broader and more highly regarded by policymakers. The downside is that it comes out about 2 weeks later for the same month of price data. PCE is also easier to forecast due to other inflation data being out earlier in the month. As such, ...Read More | ||
| Loan Calculator and Verification Tools; Event Calendar; Insurance Costs; Mortgage Banking Bound Interview | ||
| 8/29/2025 9:17 AM | ||
| “The hardness of the butter is proportional to the softness of the bread.” Proportionality is important, whether in a restaurant or in a lender watching adjustable-rate loans (where the market favors credit unions and banks). With short-term rates dropping relative to long-term rates, the adjustable-rate mortgage market share has increased. Lenders...Read More | ||
| Generally Exciting, But Specifically Boring | ||
| 8/28/2025 3:15 PM | ||
| Generally Exciting, But Specifically Boring Heading into the present week, it was incredibly unlikely that we"d see any exciting volatility in the bond market this week. At the very least, we knew that it was really only Friday"s PCE data that carried any notable volatility potential. With 4 days down...Read More | ||
| 30yr Fixed Rates Officially Back to 6.50% | ||
| 8/28/2025 2:15 PM | ||
| There is no singular, official primary source for mortgage rate levels. The going rate is whatever can be locked/closed at any given lender. As such, we rely on surveys and data aggregations in order to routinely monitor the probable going rate. The longest-standing weekly survey from Freddie Mac was updated today and, while it showed a decl...Read More | ||
| Fairly Steady After Glut of Low-Consequence Data | ||
| 8/28/2025 8:10 AM | ||
| This morning"s economic calendar only looks robust on paper. While quarterly GDP results in numerous line items, they"re not as important as they might sound. For instance, PCE prices are an important inflation index, but the version released with GDP applies to Q2 and is thus just revising already-released PCE data. Additionally, it is not c...Read More | ||
| Tools for Lenders and Brokers; Homebuyer Survey Interview; Government Programs; CFPB Rulemaking | ||
| 8/28/2025 7:57 AM | ||
| “Remember how when you were little you could just rip off your diaper and run around naked and everyone thought it was so cute and funny? Anyway, I need bail money.” Money makes the world go ‘round. Fed President Lisa Cook was fired earlier this week based on claims of occupancy fraud, and while I agree with many of you that this Commentary has bee...Read More | ||
| Steady Gains After Slightly Weaker Start | ||
| 8/27/2025 4:12 PM | ||
| Steady Gains After Slightly Weaker Start Bonds began the day in slightly weaker territory, but not for any particular reason (and certainly for no interesting reasons). For those who care about such things, the yield curve continued to steepen (shorter term yields outperforming longer term yields), but this...Read More | ||
| Home Prices Still Growing, But at The Slowest Pace Since 2012 | ||
| 8/27/2025 3:37 PM | ||
| Both the FHFA and the S&P CoreLogic Case-Shiller indices published updated home-price data this week. The takeaway remains the same: prices are rising year-over-year, but at an increasingly slow rate. Case Shiller--the more volatile index--is at the lowest pace in more than 2 years while the broader FHFA index is the lowest since 2012 in year-o...Read More | ||
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