Show notes:
TMSpotlight:
07-07-2026 Spinning in “Circles”
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Rates couldn’t turn around
‘Til they were upside down
Powell said that he’s gone, yet he’ll be around for a while. Trump underscored that the blockade would last as long as it takes. So, the guessing game remains in place: when will the pressure on Oil prices ease, and will they drag growth more than drive inflation?
The 10-year yield spins in circles between long-standing resistance at 4.50 and a trend reversal at 4.20. The bulls need tangible good news on Oil to break out.
Run away, but we’re running in circles. Run away, run away.
These views are mine. Join TMSpotlight to know how circles break.
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Song: Circles (2019) Post Malone
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The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a 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”.