Fighting intensified today between the U.S. and Iran. Oil prices moved higher fairly quickly and bond yields followed. This has been a common pattern during the Iran war as higher oil prices imply higher inflation which, in turn, implies higher yields/rates. Yesterday’s average top-tier 30yr fixed rate hit the highest levels since June 2025. Today’s […]
Mortgage Rates Pushing New Long-Term Highs Read More »
The 10-year Treasury yield, one of the benchmarks used for pricing 30-year fixed rate mortgages, closed just shy of 4.8% on Sept. 1, its highest point since Jan. 14, 2025, according to Yahoo Finance. Processing Content The bond market was already unsettled heading into Federal Reserve Chair Kevin Warsh’s speech last Friday in Jackson Hole,
Rising bond yields drive lenders to adjust priorities Read More »
Key insight: House Republicans are proposing to overhaul the CFPB’s funding structure. What’s at stake: The package includes a number of reforms wanted by banks, including limiting some of the bureau’s authority to regulate “abusive” practices and providing a safe harbor for some small dollar lending products offered by depository institutions. Forward look: The package
House Republicans debut CFPB reform package Read More »