
Modest Bounce in Refi Demand Despite Rate Volatility
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
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Existing-Home Sales Reach Five-Month High as Affordability Improves
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 ag
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UAD 3.6, Compliance AI, Closing Doc Tools; Bill Pulte Ousted; MBS Investor Interview; MISMO and AI
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
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To Whammie or Not to Whammie, That is Our Friday (And Weekend)
Bonds were sideways at first in the overnight session. Then they improved moderately after newswiresΒ 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 n
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