• No Surprise: Last Week's Higher Rates Hit Refinance Demand,Matthew Graham

    No Surprise: Last Week's Higher Rates Hit Refinance Demand

    Mortgage applications fell sharply last week as higher borrowing costs continued to pressure refinance demand, while purchase activity showed a bit more resilience. The Mortgage Bankers Association (MBA) reported an 8.5% decrease in total application volume on a seasonally adjusted basis for the wee

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  • Annual Home Price Appreciation Staying Positive, But Just Barely,Matthew Graham

    Annual Home Price Appreciation Staying Positive, But Just Barely

    Home price appreciation slowed further in March and through the first quarter of 2026, according to the latest data from both FHFA and the S&P Cotality Case-Shiller Home Price Indices. While national prices continued to edge higher on a nominal basis, both reports pointed to a housing market struggl

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  • The case for Non-QM: Serving the new American workforce,Tai Christensen

    The case for Non-QM: Serving the new American workforce

    I’d like to tell you about someone who did everything right. She built a wedding photography business from the ground up. What started as a side hustle became a full-time operation, then a team, then something that could support not just her, but her entire family. Her income wasn’t inconsistent, bu

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