Hospitality News & Insights

• Unemployment Not High Enough For a Full-Fledged Rally December 16, 2025
  Unemployment Not High Enough For a Full-Fledged Rally If the only metric from this morning's jobs report was the uptick in unemployment from 4.4 to 4.6%, and if that was the last of this week's big ticket econ data, it wouldn't be a surprise to see a more aggressive rate rally. As it stands, unemployment […]
• Mortgage Rates Only Slightly Lower, But Volatility Risks Remain December 16, 2025
  There was a decent chance that rates would have made a fairly big move today in response to the release of November's jobs report. This is the most important economic data as far as rates are concerned and today's was the first full release since before the government shutdown. In general, weaker employment data promotes […]
• Cap Markets Education, Servicing, Borrower Monitoring Products; Marketing Thoughts for 2026 December 16, 2025
  Running a mortgage company, turns out, isn’t free, and lenders are trying to cut costs and increase efficiency everywhere. For example (and this is not a paid ad), Lenders One offers some member benefits that may be of interest: L1 Credit for credit reports and fraud tools, L1 Flood for NFIP compliance, and L1 Insurance […]
• Frustratingly Flat After Deceptively Friendly Jobs Report December 16, 2025
  If there was one metric in this morning's data that should be helping the bond market, it's the uptick in the unemployment rate from 4.4% in September to 4.6% in November (a new cycle high). This is mitigated somewhat by the uptick in participation rate (0.1%) and the slightly higher payroll count (64k vs 50k […]
• Fairly Calm Monday. Jobs Report on Deck December 15, 2025
  Fairly Calm Monday. Jobs Report on Deck Monday ended up being a forgettable December trading day with modest overnight gains eroding to roughly unchanged levels by the 3pm close. There were no catalysts worth discussing, and even if there were, they'd pale in comparison to the inbound econ data. Tuesday morning brings the first post-shutdown […]
• Mortgage Rates Slightly Lower as Volatility Risks Increase December 15, 2025
  Mortgage rates were just slightly lower to start the new week. This leaves the average lender's top tier 30yr fixed rate almost dead center in the narrow range that's been intact since early September. The absence of any significant movement on Monday is a logical outcome given the absence of any major economic data releases […]
• Hedging Auditor, Broker Survey, Non-QM, DSCR Products; Rising Insurance Costs December 15, 2025
  Lender and Broker Services, Products, and Software Home equity may have been the headline in 2025, but the real story is what comes next. With nearly $35 trillion in homeowner equity and rising consumer debt shaping borrower behavior, the opportunity is clear. The path to capturing it is not. On Wednesday, Dec. 17, at 3 […]