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Getting 200–300 unsolicited calls after a mortgage credit pull isn’t just annoying — it’s abusive. Thankfully, that’s about to change. The Trigger Lead Bill is headed to the President’s desk to be signed into law. For years, credit bureaus have sold your data the moment your credit was pulled for a home loan. That meant
READ MOREFed Watch: Markets Eye Three Rate Cuts by Year-End – What It Means for Borrowers and Investors As we head into the final stretch of 2025, all eyes are on the Federal Reserve and its remaining three scheduled meetings. With inflation showing signs of cooling and economic indicators softening, market expectations are shifting toward rate
READ MOREImage via Pexels Navigating the complexities of personal finance can often seem daunting, yet mastering this skill is essential for a life of economic freedom and prosperity. By reshaping your approach to money management, you can open doors to not only personal wealth but also a more fulfilling life. This journey requires discipline, knowledge, and
READ MOREImage via Pexels Embarking on a career as a commercial real estate developer is akin to setting sail on a vast, unexplored ocean. The rewards can be enormous, but the challenges are just as significant. Success requires a clear understanding of the multifaceted nature of this industry, starting from ground-level regulations to high-level financial strategies.
READ MORERate sheets should be better to start the day, probably the best we’ve seen in a couple of weeks. Bonds off to a good start, at least they are at 9am ET. However, we could see more movement depending on how the JOLTS (job openings and labor turnover survey) comes out at 10am and that
READ MORERate sheets this morning should be slightly better on the day, if early gains for bonds hold up. Reprice risk on the day is low, there is some economic data coming out at 10am ET that could affect the first rate sheets issued on the day, but it’s crickets after that. However tomorrow will start the fireworks, with a couple
READ MORERate sheets this morning may be just a little bit better than yesterday, but nothing to get too excited about. Reprice risk on the day is low, markets seem calm and have found a range for bonds to tread water. The Fed’s meeting minutes from the last meeting come out at 2pm ET today, and
READ MOREYear-over-year core inflation fell below 3% for the first time since March 2021 but the choppy trading pattern continues with prices lower and yields higher. The Fed’s favorite inflation gauge, the Core PCE, fell to 2.9% y/y versus 3% expected and down from 3.2% in November, m/m inline at 0.2% and up from 0.1%. The
READ MOREThere was a little bit for all in the data with headline GDP for Q4 2023 rising 3.3% while the inflation components declined. Growth was driven by consumer spending rising at a solid 2.8% rate in the quarter. For 2023, GDP was 2.5% after 1.9% in 2022. Jobless Claims rose to 214K versus 200K expected
READ MORE01/05/24 RATE MARKET WRAP UP UMBS 5.5 99.78 (-9bps)10yr yield 4.05 Bonds saw a bit more improvement earlier in the day and a handful of lenders repriced better. Also, markets have leaned a bit more into that March Fed rate hike, now 75% probable, after digging deeper into jobs report showed large Nov revision and
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