Show notes:
TMSpotlight:
09-08-2025 “Right Place, Wrong Time” In The Fed World
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Rates in the Right Place. But they fall back at the Wrong Time. Pipelines are in a bad place. But it could be a good time.
The 10-year yield reached our minimum target of 4.11 and came within 6 bps of 4.01, the major resistance level. Taking it out sets the stage to reach our bull target of 3.80.
What support is needed to reach it by the end of September? Weak US jobs, which lacks inflationary pressure, helps the Fed ease on September 17. However, the big push to lower rates will come from deteriorating economic indicators in Europe and growing discontent with the European Union’s unfavorable policies.
We living the Fed world. But it seems so wrong, wrong, wrong, wrong, wrong.
These views are mine. See the right move for the wrong times at TMSpotlight.com.
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Song: Right Place, Wrong Time (1973) Dr. John
Scott Besant and Bill Pulte encounter
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”.