Morning Mortgage Notes

Good Morning! Today is Friday, March 14. The U.S. Senate is trying to avert a partial government shutdown by the deadline of midnight tonight. A federal judge said the government must rehire thousands of workers across six agencies. Trump threatened to impose a 200% tariff on alcohol from Europe. The Mortgage Note Reports Hitting The Brakes: After weeks…

Good Morning! Today is Thursday, March 13. Space X postponed a mission that would return two NASA astronauts who have been in orbit since June. Senate Democrats will not support a Republican-written bill to fund the government through the fall. The EPA may rescind protections against air and water pollution. The Mortgage Note Reports Testing The Water: More…

Good Morning! Today is Wednesday, March 12. The staff at the Education Department has been cut by nearly 50%. The European Union announced retaliatory trade action with new duties targeting Republican states. RFK told food companies that he intends to eliminate artificial dyes. The Mortgage Note Reports Forever Changed: It has been five years since the COVID-19 pandemic…

Good Morning!  Today is Tuesday, March 11. President Donald Trump warned of further arrests after a Palestinian activist at Columbia University was detained. Wall Street had its worst day of the year after suggestions that tariffs could cause a recession. Ukraine targeted Moscow with a major drone attack. The Mortgage Note Reports Ending Conservatorship: The fate of…

Good Morning! Today is Monday, March 10. Mark Carney will replace Justin Trudeau as Canada’s prime minister. Israel cut off electricity to Gaza, affecting a desalination plant producing drinking water. A small aircraft carrying five people crashed in a parking lot of a Pennsylvania retirement community. The Mortgage Note Reports Redfin Acquisition: Rocket Companies is acquiring digital real…

Good Morning! Today is Friday, March 7. President Donald Trump suspended most new tariffs on Canada and Mexico two days after they took effect. An unvaccinated person who died in New Mexico tested positive for measles. A SpaceX rocket failed during a test flight. The Mortgage Note Reports Shake Up: After a dramatic proxy fight that seemingly led…

Good Morning! Today is Thursday, March 6. The CDC rescinded some terminations, calling 180 fired employees back. The VA plans to eliminate 80,000 jobs. The Trump administration rolled back tariffs for cars from Canada and Mexico. The Mortgage Note Reports Good News, Bad News: Mortgage applications finally benefited from cooling rates as dour economic outlooks pushed borrowing costs down. Spring…

Good Morning! Today is Wednesday, March 5. President Donald Trump addressed a joint session of Congress. The number of measles cases in Texas has grown. Powerful thunderstorms and blizzard conditions could hit the Midwest and Great Lakes regions. The Mortgage Note Reports Watch And Learn: Loan originators hoping for a successful year can benefit from the power of…

Good Morning! Today is Tuesday, March 4. President Donald Trump’s tariffs against Canada and Mexico went into effect today. The U.S. has paused military aid to Ukraine. The Senate confirmed Linda McMahon, a former wrestling executive, as education secretary. The Mortgage Note Reports Bessent’s View: U.S. Treasury Secretary Scott Bessent said that an early sign of the Trump…

Good Morning! Today is Monday, March 3. UK Prime Minister Keir Starmer announced outlines of a plan to end the war in Ukraine. Extra tariffs on goods from Canada, Mexico, and China are set to begin tomorrow. The Trump administration may exclude government spending from the GDP. The Mortgage Note Reports Insurance Woes: Homeowners were crushed by rising property…