Sub-6% Stability, Geopolitical Shocks & the LLPA Debate: What’s Really Driving the Mortgage Market?

Sub-6% Stability, Geopolitical Shocks & the LLPA Debate: What’s Really Driving the Mortgage Market?

Show notes:

TMSpotlight:

03-01-2026 “I Don’t Care If The Sun Don’t Shine”

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The Bulls Don’t Care If The Sun Don’t Shine. They get joy in the boring time, with hope in the maybe.

With the 10-year yield slipping below 4.00, mortgage rate sheets can see sub-6%.  Why are so many people confused?  They miss that geopolitical events matter.

US-Iran negotiations have allowed the world to stock up on Oil.  Accordingly, the Dollar and Oil have found solace. The EU and Ukraine leaders foster surreal narratives about the war, yet they know it’s over.   So, the maybe-to-resolving these items quietly drops mortgage rates.

When the Bulls hope in MAYBE.

These views are mine.  Resolve maybes by signing up at les@parkerandcompany.net.
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Song: I Don’t Care If The Sun Don’t Shine (1950) Patti Page
It was originally written for the Disney animated feature Cinderella.

NOTE TO ALL: To sign-up send your contact information to les@parkerandcompany.net. In March, we will be making content delivery changes, so get on board now.


The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlighta macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.