You may see headlines about Loan Level Price Adjustment (LLPA) changes effective May 1. I wanted to share a couple of thoughts about what...

A NOTE ON THE WEEK Persistent inflation and recovered bank stocks pushed rates back to 7%. The market story isn’t the rates, it is low...

A NOTE ON THE WEEK It bites you when you think it is safe to start talking about lower-rate trends. All of last week's gains were wiped...

A NOTE ON THE WEEK I am happy to report that the banking crisis, while not over, has diminished. This is ultimately good news, but we...

A NOTE ON THE WEEK Integrating Learnings and The Financial Tug of War Continues. I was thrilled to see many of you at Built How in Palm...

The Week of March 20, 2023 The short version of our economic situation is that we aren’t out of the woods yet. UBS will acquire Credit...

The Week of March 13, 2023 In case you were under a rock the last 72 hours, we experienced the 2nd largest bank failure in US history. ...

Re-Enter Volatility The end of last week saw a small improvement in interest rates. US economic data remains directionally inflationary....

The real estate market has experienced its share of curveballs over the last few years. It is understandable why home buyers are...

An uptick in the Fed's Favorite Inflation Indicator The Fed’s favorite inflation indicator came in higher than expected last week. ...

One of the best ways to counteract higher rates is to buy down your interest rate. There are two primary buydown types that most...

It isn’t a secret that rates have climbed over the last few weeks. Due to inflation concerns and a strong job market, the trend toward...

What the heck is going on? Three things are driving the market right now. Employment is high, inflation shows signs of being sticky, and...