Show notes:
TMSpotlight:
02-24-2025 “When You’re Smiling” Mortgages Rates Could Fall 25 bps
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When you’re smiling. With rates smiling. The loan app comes to you.
With the Fed on the sideline and economic news trending towards weakness, Bonds smile while the short end frowns. Despite the Treasury coupon curve containing bulls and bears, time is on the bulls’ side.
Global inflation indicators are mixed but expect financial markets to focus on deflation flowing from China and Europe clinging to disinflation. Also, the weakness in the Dollar and Oil support mortgage rates falling 25 bps soon.
‘Cause with rates falling, The whole world smiles with you.
These views are mine. Keep smiling at TMSpotlight.com.
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Song: When You’re Smiling (1928)
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”.