Show notes:
TMSpotlight:
03-10-2025 “Love Potion No. 9” Spills In Europe
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They held their nose; they closed their eyes; they took a drink. Bonds didn’t know if it was day or night. They started selling everything in sight.
A love fest broke out in Europe for Zelenskyy. Germany’s coalition of election losers hatched a plan to defend Ukraine off the books. Did USAID teach them to hide public money? German investors reacted by selling their 10-year Notes, which caused US rates to consolidate recent gains.
Mixed economic news at home and abroad continues to fuel uncertainty. Look for Oil to reach $55 in 2025, supporting mortgage rates in the low 6s by June 30.
Trump broke Europe’s bottle of Love Potion No. 9
These views are mine. Break the spell at TMSpotlight.com
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Song: Love Potion No. 9 (1959)
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”.