Well That Makes Sense – Page 352 – WTMS Well That Makes Sense

“Damn, there is so much great knowledge out there. Did you know that “BOOKS” are full of smart?? No, I mean like life changing, I-wish-I-knew-that-years-ago type stuff.

I know that I was waaaayyy late to the game figuring it out. And I know that a lot of you are too busy to read as much as you ‘should’. And that is why you need me.

I still remember how it started for me. It started in June of 2008. After 11 years …..Click to continue

What's up in Mortgage Today (09/26/2025)

Week In Review
September 26, 2025

WTMS Blog Today = What's up in Mortgage Today (09/26/2025) Mortgage Backed Securities (MBS) experienced mixed movement today, with UMBS prices showing slight declines while GNMA securities saw modest gains. The UMBS 30-year bonds dipped marginally, reflecting a small price decrease across most coupons, signaling minor market hesitance. In contrast, GNMA 30-year securities improved slightly, indicating selective demand for government-backed risk assets amid fluctuating investor sentiment. These disparities highlight nuanced trading patterns driven by underlying economic factors and capital flow shifts. The 10-year Treasury bond price held steady with a slight upward tick in price, causing yields to ease marginally, a reaction tied to recent inflation data easing fears of aggressive Fed tightening. Treasury yields had fallen over June based on encouraging inflation readings but had risen over the quarter and year, contributing to the cautious optimism in fixed income markets. This relative calm in Treasury pricing provided partial support to mortgage markets but did not fully reverse UMBS softness. Investor focus remains on Fed monetary policy signals, with markets questioning the disconnect between rate cuts and mortgage rate direction. Barry Habib explains that mortgage rates often move ahead of Fed actions based on broader economic expectations, causing occasional counterintuitive rate moves. This insight underscores the complexity of mortgage capital markets, where forward-looking sentiment drives pricing rather than immediate policy steps alone. Mortgage originators are contending with fluctuating bond market dynamics as loan volumes remain sensitive to pricing uncertainty. Some reports indicate refinances are stable but purchase activity slows amid rising home prices and economic caution. Capital markets participants note liquidity remains adequate but volatility in UMBS pricing can challenge pipeline management. The overall mortgage environment reflects balancing factors of credit demand, interest sensitivity, and regulatory frameworks. On the real estate front, sales activity shows mixed results regionally with higher borrowing costs tempering buyer enthusiasm in overheated markets. Inventory remains constrained, supporting home prices but squeezing affordability. Industry experts urge close monitoring of interest rate trends as a key determinant for future real estate momentum and mortgage demand. In summary, today’s mortgage market reflects cautious optimism tempered by ongoing uncertainty. UMBS bond prices pulled back slightly, GNMA securities gained mildly, and 10-year Treasury yields eased following inflation cues. Market participants weigh Fed policy expectations and real economic inputs, driving a complex trading environment. Mortgage originators and real estate professionals adapt continuously to these evolving conditions. For comprehensive daily updates on MBS and Treasury movements alongside mortgage market trends, subscribe to receive this expert analysis in your inbox—free, concise, and timely. Real-Time Pricing UMBS 30-Year: - 5.0: Price 99.47, Day Δ -0.07 - 5.5: Price 101.05, Day Δ -0.02 - 6.0: Price 102.30, Day Δ +0.03 GNMA 30-Year: - 5.0: Price 99.72, Day Δ +0.14 - 5.5: Price 100.91, Day Δ +0.09 - 6.0: Price 101.79, Day Δ +0.03 Treasuries: - 2-yr: Price 100.094, Yield 3.576 - 5-yr: Price 99.743, Yield 3.682 - 10-yr: Price 100.996, Yield 4.127

What's up in Mortgage Today (PM) - 09/25/2025

Week In Review
September 25, 2025

**WTMS Blog Today = What's up in Mortgage Today (PM) - 09/25/2025** Bond markets faced headwinds today as mortgage-backed securities (MBS) pricing declined moderately, reflecting ongoing pressure from stronger-than-expected economic data. The 10-year Treasury yield climbed as investors reassessed Federal Reserve policy expectations following robust consumer confidence and durable goods reports. This movement created challenging conditions for mortgage origination, with UMBS securities showing particular weakness in afternoon trading. Mortgage rates remained elevated despite recent Fed rate cuts, with 30-year fixed rates holding near 6.39% as MBS pricing failed to improve meaningfully. The disconnect between Fed policy and mortgage rates continues to frustrate industry professionals, as bond market participants demand higher yields to compensate for inflation concerns. Market makers report reduced liquidity in secondary markets, creating additional volatility for lenders managing pipeline risk. Industry experts emphasize the importance of lock-float considerations in today's environment, with rate volatility creating complex decisions for borrowers and originators alike. The GNMA market showed similar weakness to conventional MBS, suggesting broad-based pressure across government-sponsored enterprise securities. Lock recommendations favor securing rates given the uncertain trajectory of bond pricing and potential for further yield increases. Economic data continues to support a "higher for longer" interest rate environment, with consumer spending resilience indicating persistent inflationary pressures. Treasury markets reflect growing skepticism about the pace of future Fed rate cuts, with the 10-year note selling off in response to economic strength indicators. This dynamic creates headwinds for refinance activity while purchase money originations face affordability challenges. Secondary market conditions remain choppy as investors reassess duration risk in the current rate environment. Mortgage origination volumes continue to face pressure from reduced refinance opportunities and purchase market constraints. The industry awaits Friday's PCE inflation data, which could provide further direction for both Treasury and MBS markets heading into the final quarter. Subscribe to get this information in your inbox daily for free and stay ahead of mortgage market movements that impact your business decisions.

What's up in Mortgage Today (09/25/2025)

Week In Review
September 25, 2025

WTMS Blog Today = What's up in Mortgage Today (09/25/2025) Mortgage-backed securities (MBS) markets showed a mixed performance at the start of today, with UMBS 30-year prices experiencing slight declines while GNMA securities saw modest gains. UMBS 30-year at the 5.0 coupon fell by 0.07 points, while GNMA 30-year at the same coupon rose by 0.14 points. The mortgage bond prices reflected cautious investor sentiment amidst a backdrop of fluctuating treasury yields. The 10-year Treasury bond yield climbed to 4.127%, indicating a slight rise in borrowing costs. This movement is largely influenced by recent robust U.S. jobs data and a significant GDP revision, which has pushed yields higher as investors price in economic resilience. Despite some recent commentary from Federal Reserve officials signaling a cautious outlook, the bond market's reaction suggests expectations of continued rate pressures in the near term. The mortgage origination sector remains optimistic with technological advancements easing processes, exemplified by Beeline Holdings leveraging AI to improve mortgage origination. However, mortgage demand has stalled after a recent mini refinance boom, indicating potential headwinds for originators. The MBS Highway National Housing Index rebounded modestly, suggesting some stabilizing momentum in housing despite mixed sales reports and economic uncertainties. Ginnie Mae securities continue their steady movement, supported by institutional and retail demand, while UMBS performance remains sensitive to treasury yield shifts and Fed signals. Market watchers emphasize the importance of tracking daily MBS pricing closely as it directly impacts mortgage rates offered to consumers. The interplay between treasury yields, Fed communications, and housing market data remains pivotal. In real estate, new home sales have seen slight upticks despite overall subdued demand, while existing home sales continue to decline more than anticipated. Mortgage lenders are advised to remain vigilant as economic data releases and Fed rhetoric can swiftly alter market dynamics. This environment favors disciplined risk management and strategic pricing approaches. The mortgage market is navigating through a phase of moderate volatility, with pricing sensitive to macroeconomic data releases and bond market fluctuations. Investors and originators alike are eyeing a potential shift later this year as inflation control measures and economic growth data evolve. The expectation for mortgage rates to move below 6% by late 2026 provides a longer-term positive outlook despite near-term uncertainties. For daily insights on MBS and treasury markets, mortgage origination trends, and housing sector developments, subscribe to receive this concise briefing in your inbox every morning for free. Stay informed and ahead in the dynamic mortgage marketplace. Real-Time Pricing UMBS 30-Year: - 5.0: Price 99.47, Day Δ -0.07 - 5.5: Price 101.05, Day Δ -0.02 - 6.0: Price 102.30, Day Δ +0.03 GNMA 30-Year: - 5.0: Price 99.72, Day Δ +0.14 - 5.5: Price 100.91, Day Δ +0.09 - 6.0: Price 101.79, Day Δ +0.03 Treasuries: - 2-yr: Price 100.094, Yield 3.576 - 5-yr: Price 99.743, Yield 3.682 - 10-yr: Price 100.996, Yield 4.127

Social Proof in the Real World

admin2019-10-12T13:06:08-07:00October 15th, 2019|WellThatMakesSense|

You might have seen recently that Instagram (and some other social networks) are experimenting with the idea of removing "Likes" and such. If not, here is an article about it: https://www.cnet.com/news/instagram-is-hiding-likes-you-may-be-happier-in-the-end/ Sounds good [...]

More Info to Stop Being Invisible

admin2019-10-10T10:00:25-07:00October 10th, 2019|WellThatMakesSense|

We pretty much all need to realize that, in some way or another, we are all in the service business. Which is why Harry Beckwith wrote "Selling the Invisible". If your clients [...]

You are Invisible. How do you sell that?

You are Invisible. How do you sell that?

admin2019-10-04T14:32:25-07:00October 8th, 2019|Sell More, WellThatMakesSense|

If your business is a service - how do you showcase your "Product"?? The iphone has a shiny case. What do you have to show for yourself? BUT HERE'S THE THING that you probably [...]

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