Show notes:
TMSpotlight:
05-19-2025 “Don’t Speak” About Togetherness
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Treasuries. We used to be together. Mortgages together, always
The trends for 30-year MBSs, the 10-year & 5-year futures are bullish. Meanwhile, the 30-year and 10-year Treasuries are bearish.
To see 3.60 in the 10-year yield by June 30 has less than a 5% chance. Nevertheless, Don’t Speak about the budget drama. It will end with a positive outcome, leading to a significant decline in rates by the end of September.
It’s all ending. Bears gotta stop pretending who they are.
These views are mine. Find out who’s pretending at TMSpotlight.com.
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Song: Don’t Speak (1996) No Doubt
The Lykken on Lending program will feature our Weekly Mortgage Updates with Adam DeSanctis and his MBA Mortgage Minute, and then Les Parker’s TMSpotlight, a macroeconomic perspective on the economy with a music parody. That leads to Matt Graham of MBS Live providing you a rate & market update, followed by David Kittle, Chief Executive Officer @ Cypress Mortgage Capital, to discuss mortgage originations. Then we have Alice Alvey of Union Home providing a regulatory & legislative update, then Allen Pollack giving us a Tech Report on the latest technology impacting our industry. Finally, we wrap up the first half of the program with Marc Helm, Senior Executive Partner @ Transformational Mortgage Solutions, talking about Loan Servicing and the “Agencies”.