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8.5.26 M&A Activity; HomeLight's Nick Friedman on Borrower Psychology; Mortgage Applications

Treasuries and Agency MBS have rallied on easing geopolitical tensions, while resilient labor market data, a narrowing trade deficit, and steady purchase-driven mortgage issuance reinforced expectations that the Fed will remain focused on inflation even as higher mortgage rates continue to suppress refinancing activity. Plus, Robbie interviews HomeLight’s Nick Friedman on how affordability challenges are evolving as the housing market adjusts to higher borrowing costs. And the podcast closes with the latest look at mortgage applications from MBA.Thank you to Figure. Figure is shaking up the…

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