Maryland-based DRB Group plans to launch two mortgage joint ventures in January 2027 to support buyers across the DRB Homes’s expanding footprint: DRB Mortgage in partnership with Acrisure Mortgage in the East and DRB Home Loans in partnership with Alta Home Lending in the West, the company announced. The strategy is designed to align DRB’s […]
DRB Group to launch two mortgage joint ventures in 2027 Read More »
The day began like many others over the past several weeks. Bonds hadn’t moved much overnight, but were paying some attention to slightly higher oil prices. 10yr Treasury yields were still in the familiar September range between 4.93% and 5.01%, and there was limited economic data on tap that threatened to upset the apple cart.
Mortgage Rates Match Highest Level Since May 2024 Read More »
The losses in the US Treasuries market intensified on Wednesday as robust economic data and a weak auction drove yields across most maturities to the highest levels in almost two decades. Processing Content Higher oil prices sparked the declines earlier in the session, fanning worries around elevated inflation and punishing European government debt as well.
Bond-market slide deepens, pushing yields to two-decade highs Read More »