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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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| Minimal Deal Drama, But Next Week Could be Different | ||
| 6/12/2026 2:34 PM | ||
| Minimal Deal Drama, But Next Week Could be Different Various headlines out of Iran pushed back on the notion that a preliminary peace deal was near the finish line this morning. This resulted in modest upward pressure on yields for the first several hours of the day. Then just before 11am, Iran"s foreign...Read More | ||
| Mortgage Rates Near Lowest Levels in Weeks | ||
| 6/12/2026 1:51 PM | ||
| Some national headlines are pointing out that mortgage rates are higher this week. Those are based on weekly survey data which can often be stale compared to daily rate movement. Actual average rates are now in line with last Thursday"s levels of 6.58% for top tier 30yr fixed scenarios. That"s just 0.02% higher than May 29th levels. You"d have to g...Read More | ||
| Modest Bounce in Refi Demand Despite Rate Volatility | ||
| 6/12/2026 1:45 PM | ||
| Mortgage applications bounced higher last week after the holiday-shortened period, though the increase largely reflected a normalization in activity rather than a meaningful improvement in underlying demand. The Mortgage Bankers Association (MBA) reported a 10.8% increase in total application volume on a seasonally adjusted basis for the week end...Read More | ||
| Existing-Home Sales Reach Five-Month High as Affordability Improves | ||
| 6/12/2026 1:25 PM | ||
| Existing-home sales picked up in May, rising to their highest level since December as improving affordability and steady household income gains continued to support demand. Sales increased 3.2% from April to a seasonally adjusted annual rate of 4.17 million , and were also 3.2% higher than a year ago. “More Americans are on the move,” said NA...Read More | ||
| UAD 3.6, Compliance AI, Closing Doc Tools; Bill Pulte Ousted; MBS Investor Interview; MISMO and AI | ||
| 6/12/2026 10:48 AM | ||
| Every time I use my credit card at the supermarket it can impact my credit score which were invented in 1958. What might be the credit score of the United States with its $1.78 trillion deficit in 2025? Gas stations and supermarkets are two daily places where we see inflation. Trader Joes, with its 630+ locations, is known for many things, not the ...Read More | ||
| To Whammie or Not to Whammie, That is Our Friday (And Weekend) | ||
| 6/12/2026 8:34 AM | ||
| Bonds were sideways at first in the overnight session. Then they improved moderately after newswires from Iran"s Mehr news agency detailing some specifics of the peace deal, including the U.S. withdrawing forces from the area. Bonds then began selling as various push-back headlines popped up. Deal not completely confirmed. No location determin...Read More | ||
| Big Rally After More Forceful Peace Deal Announcement | ||
| 6/11/2026 3:40 PM | ||
| Big Rally After More Forceful Peace Deal Announcement This morning"s commentary noted Trump comments regarding planned air strikes for today. Bonds reacted, but maintained some skepticism. That proved to be a good instinct. At roughly 1:30pm, Trump said the air strikes were cancelled and that all parties ha...Read More | ||
| Rates Drop Sharply to One Week Lows | ||
| 6/11/2026 3:00 PM | ||
| Mortgage rates began the day in uneventful fashion with the average lender right in line with yesterday"s latest levels. Things might have gotten off to a slightly better start, but higher inflation in this morning"s econ data and discouraging war-related headlines put upward pressure on bond yields (yields and rates are technically the same thing ...Read More | ||
| Hedging, HOA Lien Monitoring, Reverse Products; Webcasts; CFPB"s Humility Pledge | ||
| 6/11/2026 9:51 AM | ||
| Broker and Lender Products, Software, and Services On the PGA Tour, the player who enters Sunday’s final round in first place only goes on to win about one-third of the time. Getting close and finishing the job are two different things. Optimal Blue"s May Market Advantage report found a similar dynamic in mortgage pipelines: Purchase loans accoun...Read More | ||
| Some Volatility and Resilience After Trump Comments and Data | ||
| 6/11/2026 8:44 AM | ||
| Bonds were reasonably stronger in the overnight session with 10yr yields down roughly 4bps from 4.56 to 4.52. About 8 minutes before the PPI data came out, a series of Trump comments on the Iran war sent oil prices and bond yields higher (new strikes and intent to take Kharg Island). PPI added to the pressure with the monthly headline hitting 1.1% ...Read More | ||
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