With rate holds all but assured by both central banks, bond yields danced to the tune of global capital flows, which have become anything but normal.
Back to topWith rate holds all but assured by both central banks, bond yields danced to the tune of global capital flows, which have become anything but normal.
With rate holds all but assured by both central banks, bond yields danced to the tune of global capital flows, which have become anything but normal.
Back to topWhite House theatrics, not economic data, pushed yields lower to start the week. Markets grappled with recycled tariff threats, another looming U.S. government shutdown, and the usual grab bag of global unease.
White House theatrics, not economic data, pushed yields lower to start the week. Markets grappled with recycled tariff threats, another looming U.S. government shutdown, and the usual grab bag of global unease.
Back to topReverse mortgage holders are being paid to change lenders, fresh products are on the way, and loan sizes could run into resistance if home prices lose their swagger. That plus more in these reverse mortgage quick hits...
Reverse mortgage holders are being paid to change lenders, fresh products are on the way, and loan sizes could run into resistance if home prices lose their swagger.
That plus more in these reverse mortgage quick hits...
Yields start today on the back foot after Trump threatened "Governor Carney" with a 100% tariff if Canada “makes a deal” with China. Apparently, Trudeau isn’t the only prime minister Trump can diplomatically disrespect. Setting that circus aside, Friday’s subdued data releases did little to move
Yields start today on the back foot after Trump threatened "Governor Carney" with a 100% tariff if Canada “makes a deal” with China. Apparently, Trudeau isn’t the only prime minister Trump can diplomatically disrespect.
Setting that circus aside, Friday’s subdued data releases did little to move bond markets. The U.S. and Iran confrontation had the most effect, pushing oil prices higher while yields quietly edged lower.
The broker network business is as cutthroat as any. Firms trip over themselves to attract producing brokers, and these companies have learned that "exclusives" sell. To date, the biggest exclusives have centred around lenders, like DLC's HSBC deal, M3's National Bank pact, and DLC&
The broker network business is as cutthroat as any. Firms trip over themselves to attract producing brokers, and these companies have learned that "exclusives" sell.
To date, the biggest exclusives have centred around lenders, like DLC's HSBC deal, M3's National Bank pact, and DLC's Equitable Bank (prime) partnership.
But more and more, broker networks are promoting members-only access to proprietary lead-gen tools, CRMs, and so on. They use such tech as differentiators in recruiting/retaining brokers.
One example, which you might have heard about lately, is Homie. It just did an exclusive with TMG and its 1,700+ agents.
In short, Homie is an app that coaches young/unqualified homebuyers to understand their finances and build mortgage readiness. It stays engaged with clients while they build their income, credit, and down payment, right up to the moment they’re finally ready to speak with a broker.
Thursday’s economic releases suggested stability in the U.S. economy, but deteriorating Carney-Trump relations are stealing the attention of rate traders.
Thursday’s economic releases suggested stability in the U.S. economy, but deteriorating Carney-Trump relations are stealing the attention of rate traders.
Back to top💡See also: Mortgage Tidbits (below). With no major economic data released today, jittery bond markets–still reeling from Tuesday’s brutal selloff–were left at the mercy of more political posturing. A measure of calm returned (for now) after Trump called off his latest tariff threats.
With no major economic data released today, jittery bond markets–still reeling from Tuesday’s brutal selloff–were left at the mercy of more political posturing. A measure of calm returned (for now) after Trump called off his latest tariff threats.
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