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  • Thursday's Rally Sets Up For a Very Interesting Friday October 1, 2026
    Thursday's Rally Sets Up For a Very Interesting Friday Of course we had to have a big, interesting move in the bond market on the day before an economic report also famous for causing big, interesting moves. On such occasions, if Friday delivers on "interesting" it will either negate today's bullishness or add to it […]
  • Solid Mid-Day Recovery For Rates October 1, 2026
    It's a rarity these days, but mortgage rates actually moved lower today by more than a token amount. The average top-tier 30yr fixed rate fell to 7.54% from 7.60% yesterday. There are multiple potential factors in play when it comes to explaining the underlying bond market rally, but none of them stand out as an […]
  • eNote, Non-Agency, Spec Pay-Up, Processing, Hedging Tools; UAD 3.6 Paused; Agency Pricing Changes October 1, 2026
    Welcome to the 4th quarter. Remember when, in 2024, the informal slogan for many in our biz was, “Stay alive ‘til ’25!”? (’27 isn’t expected to be heaven.) This is the month of Halloween. Suddenly residential lending is filled with tricks or treats, along with conferences of varying value. People are on the move: the […]

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