Today's Commentary · September 2, 2026

Sep. 2: Legal job; HELOC, TPO, API, non-Agency products; webcasts of note; why rates are where they are: we're not alone

Ken S. writes, “If you’re bored at work, print someone else’s resignation letter and leave it in the printer.” I’ve been in capital markets for over 40 years, and this rate and affordability environment is tough. Any lender who finds these higher rates boring, well, don’t hold your breath waiting for them to come down. (For a description of why rates are where they are, visit the Capital Markets section below.) Recently President Trump addressed intervening in the bond market and brought up the military: skip...