Mortgage Rates Finish Flat After Starting Higher

Mortgage rates began the day at the highest levels in a month. The move up versus Friday was only moderate, but Friday's levels were already fairly close to early Feb's highs. Oil prices continue putting upward pressure on rates, but with several caveats. It takes quite a big move in oil to motivate

Non-QM, Default Support, DSCR Products; Events; Which Lenders are Refinancing; Interview on Compass

One of the conversation topics late last week in Deer Valley is the weather and climate, and more specifically that Salt Lake City had received virtually no snow this winter, which means that places like Atlanta and Charlotte have received more snow than a city at 4,300 feet elevation. Syracuse, New

Biggest Oil Spike Yet Leaves No Doubts

Since the outbreak of the military operation in Iran, there have been varying levels of spillover from rising oil prices to the bond market. There have been notable pockets of time where the correlation broke down, but when viewed in less granular detail, oil prices and bond yields have moved h

Oil Impact Ultimately Shunned in Favor of Jobs Report Implications

Oil Impact Ultimately Shunned in Favor of Jobs Report Implications It was a super interesting day for the bond market. Yields rose to the week's highs overnight as oil prices continued to surge. We knew we'd get at least some sort of reaction to any big beat/miss in the jobs report and today's miss