Many lenders offer cash-in-pocket incentives for you to switch your loan over. Here’s what to know. It might not feel like it if you’re a hopeful home buyer banging your head against the Household Expenditure Measure or the serviceability buffer, but lenders really do want your business. Introductory rates, offset accounts and low fees are […]
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Wednesday More Likely to Take Cues From Econ Data Tue, Nov 4 2025, 4:49 PM Wednesday More Likely to Take Cues From Econ Data Bonds benefited from heavy stock selling late in the overnight session. This is not the typical pattern seen these days, but it’s not uncommon to see some positive
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It doesn’t always work like this, but today’s overnight session saw the classic “conventional wisdom” trade with stocks prices and bond yields falling in concert. Believe it or not, this is the exception these days. In fact, since late May, stocks and bonds have generally been rallying together. Contrast that to the conventional wisdom trade
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Correspondent and Wholesale News; CUs and Realtors, Borrower Engagement Tools; Regulatory Readiness “Being a parent is like being a psychic who is always right but is always ignored.” Here in Austin, TX, whether it was the Texas Women Mortgage Bankers’ Fall Social with Faith Schwartz and Alanna McCargo last night or the TMBA’s
Bonds were moderately weaker in the overnight session with most of the selling arriving at 7:56am ET when Alphabet filed for a large corporate bond offering, estimated at $15bln. Corporate bond issuance puts upward pressure on rates in several ways and there’s almost always an immediate pop when a new, large deal (like this morning’s)
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Light Volatility After Initial Losses Mon, Nov 3 2025, 4:00 PM Light Volatility After Initial Losses The first day of the new month began with some potential excitement, albeit not the good kind. A corporate bond offering from Alphabet pushed yields quickly higher just before 8am. Lackluster results in the ISM Manufacturing
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Up until last week’s Fed announcement, the average 30yr fixed mortgage rate was at the lowest levels in more than a year (in many cases, matching the same lows seen on September 16th–the day before the previous Fed announcement). Although these past 2 post-Fed episodes have resulted in somewhat volatile bounces, rates are still far
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“Daylight savings time: Is the government cutting off the bottom of a blanket and sewing it to the top and saying, ‘See? Its longer now.’” Here in Austin, TX, Texas Women Mortgage Bankers’ Fall Social and TMBA’s Housing Summit agenda are full of speakers (not from, but…) discussing the U.S. Government’s role in housing and
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Enthusiasm Curbed. Back to Waiting The simplest way to understand yesterday’s post-Fed sell-off is as follows. The market’s enthusiasm for 3 Fed rate cuts in 2025 had grown a bit too large for the Fed’s liking. The market was nearly 100% certain of another cut in December. The Fed was not as certain,
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Non-QM Hedging, Best-Ex, Compliance Tools; Webinars and Training; Freddie and Redwood’s Earnings Are you ready to change the time on your car’s clock, or leave it and let it be right again on March 8, 2026? Some technology is cool. Imagine controlling your iPhone entirely with your eyes. (That would really keep me