Latest / Chrisman Commentary - Daily Mortgage News
10.9.26 Economic Strength; Floify's Maggie Swanson on Customizable Loan Apps; Prepayment Data
While U.S. stock market strength remains concentrated in the highly profitable "Magnificent Seven" tech companies, mortgage demand continues to weaken, with September 2026 funded volume down 15% year over year and 10% month over month as retail 30-year conforming rates edged up to 6.58 percent.
Robbie interviews Floify’s Maggie Swanson on creating fully customizable loan applications for any loan type, including HELOCs, construction, agricultural lending, non-QM, and more, without custom development.
September mortgage prepayments slowed sharply as rising rates left just 0.5 percent of…
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