SUMMARY: Inflation data was mixed on Friday as consumer sentiment rose for the first time since July. PLUS: Bond yields are rising heading into a Fed cut, which is the exact opposite reaction of markets as we headed into September and October’s meeting...

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com

SUMMARY: Rates hold as economic data shows an economy that is stabilizing, and the conforming loan limit rises to $832,750

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com

SUMMARY: Retail sales were lower than expected and consumer confidence fell to an 8-month low, which pushed down rates as investors believe a December rate cut is likely now. In other news, PPI was higher than expected, pending home sales were better than expected, and Kevin Hasset is now the frontrunner to replace Jerome Powell in May...

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com

SUMMARY: Fed officials make the case for a December rate cut, and markets react. The Economist asks if the mortgage markets overcorrected after 2008, and have lending standards gotten too strict?

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com

SUMMARY: Fed officials make the case for a December rate cut, and markets react. The Economist asks if the mortgage markets overcorrected after 2008, and have lending standards gotten too strict?

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com

SUMMARY: Rates were down last week as consumer sentiment sank to a three-year low, markets are preparing for a short but busy week, and Bill Pulte had a bad November...

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com

SUMMARY: We finally have jobs data! September’s non-farm payroll showed a big jump in jobs created but underlying concerns about the labor market are lurking. Also, existing-home sales jumped to an eighth-month high...

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit wilmingtonmortgage.substack.com