Okay, we're gonna pass from Steve to Steve. So, Steve Graass, so I'm going to kick it off with you just because the name was top of mind. Nice.Uh, have Steve Leeman on more. Well, listen, two big interviews today. Waller made comments.I just don't know if anybody has any visibility, including Jay Pal on down about where things are going to be given we don't know what oil prices are going to do, inflation's going to do, tariffs are going to do. So, you know, when you look at uh the Treasury Secretary uh Bess ...

Check our interactive map to find today's 30-year mortgage rate average for any U.S. state. Right now, the cheapest state rates range from 6.72% to 6.87%. https://t.co/fl2SirKci9 ...

30-year mortgage rates have been yo-yoing, with the latest move being a two-day dip that approaches a six-week low. Rates for many other loan types have fallen as well. https://t.co/YTUsoQK8QE ...

Core Insights - Annaly Capital Management, Inc. (NLY) is significantly impacted by mortgage rates, which have recently declined, with the average rate on a 30-year fixed-rate mortgage at 6.81% as of June 18, 2025, down from 6.87% a year ago [1] Group 1: Mortgage Rates and Demand - Lower mortgage rates are expected to improve housing affordability challenges, leading to increased loan demand [2] - The decline in mortgage rates is anticipated to enhance purchase originations and refinancing activities, which will likely improve NLY's book value as spreads in the Agency market tighten [3] Group 2: Financial Performance - Annaly's net interest income (NII) rose to $219.9 million in Q1 2025, a significant recovery from a negative NII of $6.45 million in the same quarter the previous year, aided by the Federal Reserve's interest rate cuts of 100 basis points in 2024 [4] - The upward trend in NII is expected to ease earnings pressure for Annaly, thereby supporting the company's overall performance [4] Group 3: Competitive Landscape - AGNC Investment's NII also reflects the influence of mortgage rates, with a reported NII of $159 million compared to a negative NII of $30 million in the prior-year quarter, indicating a potential reduction in operational challenges [5] - Arbor Realty Trust (ABR) experienced a 27.2% year-over-year decline in NII to $75.4 million in Q1 2025, but is expected to benefit from lower mortgage rates, which may ease earnings pressure [6] Group 4: Stock Performance and Valuation - NLY shares have increased by 9.6% over the past year, outperforming the industry growth of 4.5% [7] - Annaly's forward price-to-tangible book (P/TB) ratio stands at 0.98X, slightly above the industry average of 0.96X [10] Group 5: Earnings Estimates - The Zacks Consensus Estimate for NLY's 2025 earnings indicates a year-over-year increase of 6.3%, with a further growth expectation of 1.4% for 2026, reflecting upward revisions in estimates over the past 60 days [12]

Welcome to Wealth. I'm Ally Canel and this is Yahoo Finance's guide to building your financial footprint. Our community of experts will give you the resources, tools, tips, and tricks you need to grow your money.On today's show, policy whiplash causing investor fatigue. One portfolio manager explains where to find opportunity and how you can position for the summer. And the majority of Americans are concerned about how tariffs could impact their finances.We have tips to help consumers navigate the current e ...

Housing. Speaking of housing, got new data out, including new home construction. Diana Ol, this is a little bit hyperbolistic.You just heard us talk about it. I don't want to say nobody's building homes because there's still homes being built, but there are still homes being built. Just the lowest in five years.Yeah, definitely. So, we got them the May read this morning on housing starts and permits, and they were well below expectations. Let me break it down for you.Multif family starts dropped over 30% mo ...

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 06/18/2025 MCLEAN, Va., June 18, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. “Mortgage rates moved lower, with the average 30-year fixed rate reaching a four-week low,” said Sam Khater, Freddie Mac’s Chief Economist. “More available inventory to choose from, coupled with this week’s decline ...

After President Trump’s tax bill pushed mortgage rates higher in late May, the momentum has reversed—with monthly payments now notably more affordable. https://t.co/64mPv4PLMt ...

Confidence among US homebuilders in June hit its lowest level since December 2022 as high mortgage rates and policy uncertainty hit wouldbe buyers. With more on the landscape for homebuilders, we have Katie Hubard, Walton Global's executive vice president of capital markets joining us now. So Katie, there was actually an expectation we would see sentiment rebound here.Clearly not the case. What does this tell us about where home builders and really the overall housing market stand right now. Yes.Hi Ally, th ...

Well, Rick, home builder sentiment in June dropped two points from May to 32 on the NAHB index. The street was actually looking for a slight improvement. This index has only seen a lower reading twice since the Great Recession back in 2012.And that was in December of 2022 when mortgage rates first shot up from those pandemic record lows and in April 2020 at the very start of the pandemic. Now, the builder site high mortgage rates, tariffs, and overall economic uncertainty of the index's three components. Cu ...