The US bond market faces a test of investor demand for longer-dated maturities, with auctions of 10- and 30-year Treasuries highlighting an otherwise light week for economic events. Processing Content The sale of benchmark 10-year notes comes Wednesday, followed by 30-year bonds a day later as part of the Treasury’s $119 billion week of auctions. […]
Bond traders watch for treasury auctions, June Fed minutes Read More »
Consumer litigation is up, and mortgage players aren’t ready. Processing Content Veteran industry attorneys say they don’t believe lenders and servicers are prepared for an upcoming surge of borrower lawsuits over a variety of grievances. While artificial intelligence tools are making it easier than ever for consumers initiate legal actions, litigation will also persist in
Attorneys: Lenders unprepared for lawsuit wave Read More »
Existing home sales were still positive year over year last week, with our weekly pending home sales data holding steady even with elevated mortgage rates. While people are frustrated that lower oil prices haven’t brought rates down, they should be deeply grateful that improved mortgage spreads have helped housing growth in 2026. If this had
Better mortgage spreads are still keeping home sales positive Read More »