In this conversation, Craig Steel hosts Bryce Long and Steve Wilkinson of Veritas Funding to discuss the intricacies of the mortgage industry, focusing on direct lending, capital markets, and the factors influencing mortgage rates. They explore the current landscape of mortgage rates, affordability challenges for homebuyers, and the potential resurgence of adjustable-rate mortgages. The discussion also touches on the economic events that impact the housing market and offers advice for first-time homebuyers.