Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now Since the US-Israeli war with Iran erupted, yields on the ten-year Treasury note have risen almost half a point, pulling residential mortgage coupons up a similar amount for 30-year fixed rate loans. Markets […]

War-time economics have, of course, sent gas prices skyrocketing, but have also pushed mortgage rates higher over the last five weeks, from a low of 5.99% to a high of 6.64%. Rates have fallen a bit recently, but higher rates have slowed some of the housing data down. In the past, mortgage rates above 7%

As crazy as this may sound, the jobs data in 2026 has improved from the levels of 2025. That’s how low the bar was this year for growth and today’s jobs report reaffirmed that. Now, with a bar so low we can all trip over it, context is key. Over the last six months of