Show notes:
TMSpotlight:
01-06.2026 Patience in 2026 Because “Tomorrow is a Long Time”
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If tomorrow wasn’t such a long time, then range trading would mean nothing to us at all.
Significant political and economic events in 2026 will affect US credit markets. Yet, expect the 10-year yield to remain between 3.70 and 5.00. Mortgage lenders should be satisfied with mortgage rates between 5.8 and 7.20.
The most considerable risk to a significant rise in mortgage rates should come from a grand bargain on national healthcare. Alternatively, the emerging US Goldilocks’ economy has rising wages, GDP above 3%, and inflation trending towards 2%.
And we’d trust in low rates once again
These views are mine. Find patience in 2026 at TMSpotlight.com.
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Song: “Tomorrow Is a Long Time” (1963). Bob Dylan recorded it in 1963 during a live performance, but did not release it until a greatest-hits album in 1971.
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”.