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Artificial intelligence is all the rage in conferences and webinars, and today’s Advisory Angle at 2PM ET, powered by STRATMOR Group. Sue Woodard and Garth Graham break down the biggest takeaways from ICE Experience 2026 and what they mean for lenders right now. The discussion focuses on borrower expectations, AI adoption, and how leading organizations […]
Tonight brings 8pm ET deadline for Iran’s response to U.S. demands (opening shipping channels among other things). If there’s no response, Trump has threatened to attack critical infrastructure like bridges, power plants, etc.–a major escalation that would all but guarantee a much longer run of high oil prices (and all that goes with it). Reports
Waiting on Tonight’s Ceasefire Headlines Read More »
Holiday-Adjacent Waiting Game Monday may not have been an official holiday for the U.S. bond market, but it way as well have been. Volume certainly acted the part, which is no surprise considering overseas holiday closures. Headlines and data had a limited impact, at best. In general the market is waiting to see what happens
Holiday-Adjacent Waiting Game Read More »
Much of the international trading community remains on holiday today, making for lower volume and liquidity in the US. Bonds have managed to mostly shrug off Friday’s stronger jobs report–a fact that we’d attribute mainly to the focus on the unemployment rate over the balmy payroll count. Additionally, war-related developments remain near the top of
Roughly Unchanged as Holiday Effect Persists Read More »
This year, “Bring a Kid to Work Day” is April 23. The name seems to have shifted: I remember “Bring Your Child to Work Day.” The population of the United States also shifts, something that lenders and originators are very aware of in the primary markets, and should be aware of in the secondary markets.
Nothing Else Happened After Initial Selling The typical early close for the bond market is 2pm ET. This is usually reserved for a holiday-adjacent day such as Christmas Eve or the day after Thanksgiving. Good Friday is unique. On years where it DOES NOT coincide with a jobs report, it’s fully closed. Otherwise, it’s open
Nothing Else Happened After Initial Selling Read More »
Today’s jobs report is/was the only big-ticket calendar event and the most obvious source of bond market inspiration. That’s doubly true considering the even earlier-than-normal early close (12pm ET) for Good Friday. Payrolls were hot at 178k vs -133k previously. The big swing is the first hint that payrolls should be taken with a grain
Logically Weaker After Solid Jobs Report, But It’s a Ghost Town Read More »
Products, Services, and Software for Brokers and Lenders The team at Model Match has launched the first phase of a complete platform overhaul, reimagining how lenders access and act on real estate, mortgage, and borrower data. The release centers on a simplified search experience across loan officers, agents, offices, and companies, alongside a major data
On any given Thursday, there’s a decent enough chance that the average mortgage rate headline will be unintentionally misleading. At issue is media reliance on the longstanding weekly mortgage rate surveys. If news stories are going to cite this data, that’s fine, but it’s critical to understand the methodology. Whether it’s MBA (reported yesterday) or
Mortgage Rates Are Actually Lower This Week Read More »
Bonds Recover on Oil Price Hopes Bonds were weaker to start the day with oil prices moving sharply higher after last night’s Trump speech. But a few hours into the trading session, the move was completely erased and reversed after some fairly simple headlines regarding Iran/Oman working on a resolution to open the Strait of
Bonds Recover on Oil Price Hopes Read More »