John Cobain Home Loans in partnership with Edge Home Finance-MLO374881

Call Directions Website Contact the business

John Cobain Home Loans in partnership with Edge Home Finance-MLO374881 My goal is to provide my clients and partners world class customer service and responsible lending options, 30+yr experience!

NMLS 374881, Fircrest, WA NMLS 2498227, Licensed in WA state, Equal Housing Opportunity, Edge Home Finance, LLC NMLS 891464

11/03/2026

Happy Tuesday and happy National Voting Day!
Mortgage-backed securities are starting slightly weaker, down 7 bps, and the 10-year is up nearly 3 ticks.

🌍 A draft MOU between the U.S. and Iran, reportedly approved by the administration, includes nuclear concessions from Iran. Reopening the Strait of Hormuz comes with conditions Iran wants the U.S. to meet.

📊 JOLTS (job openings & quits) is out this morning and can move the market
🗳️ Midterm elections today; any market fallout may show up Wednesday and Thursday
🛢️ Oil dropped 9% yesterday and is flat today, yet MBS only gained about 5 bps. There's no real oil-mortgage correlation right now.

Bottom line: rates are very similar to yesterday, maybe a touch higher.

John Cobain | NMLS #374881
In Partnership with Edge Home Finance | NMLS #891464

11/02/2026

Happy Monday! Mortgage-backed securities are starting the week essentially unchanged (+1 bp), the 10-year is down about 2⅓ ticks, and rates are still at or near 5-week lows.

📅 THIS WEEK IS JAM-PACKED:
• Mon: ISM Manufacturing, a top-tier monthly report
• Tue: Midterm elections (could be volatile; results may take until Wednesday) + JOLTS job openings & quits
• Wed: ADP + ISM Services, a top-5 report
• Fri: NFP jobs report, which reads differently in today's low job growth market

🛢️ Oil is down 6% on possible peace talks, but MBS aren't reacting. There's really no correlation between oil and mortgage bonds right now.

Questions about timing your lock or purchase? Call or text 253.225.1245 or visit JohnCobainHomeLoans.com

John Cobain | NMLS #374881
In Partnership with Edge Home Finance | NMLS #891464

Week Ahead Preview 🎢A jam-packed week ahead!The lineup:🔹 Monday: ISM Manufacturing🔹 Tuesday: Mid-Terms + JOLTS job quits...
11/01/2026

Week Ahead Preview 🎢
A jam-packed week ahead!

The lineup:
🔹 Monday: ISM Manufacturing
🔹 Tuesday: Mid-Terms + JOLTS job quits/openings
🔹 Wednesday: Mid-term election results + ISM Services + ADP Jobs
🔹 Friday: October’s NFP (jobs report)

So it’ll be an interesting week, with economic reports and politics taking center stage.
What will happen with equities markets this week?

Buckle up — we could see some volatility and, possibly, uncertainty...
Full breakdown 👉

Weekly Market Recap 🎉Solid week! MBS gained 40 bps for the week. 10-year dropped 7½ ticks.Friday: MBS down just 2 bps, 1...
10/30/2026

Weekly Market Recap 🎉

Solid week! MBS gained 40 bps for the week. 10-year dropped 7½ ticks.

Friday: MBS down just 2 bps, 10-year dropped ½ tick. Q3 employment costs came in right at expectations. Stocks (both Dow and Nasdaq) were down substantially — but there was NO flight-to-safety trade. Maybe that’s run its course and traders want to see more economic reports before moving rates lower.

The week in a nutshell:
🔹 Mon: +5 (quiet, bonds held firm)
🔹 Tue: -1 (calm before FOMC)
🔹 Wed: FOMC Day — Fed held with hawkish tone, but MBS rallied anyway! Oracle capping AI borrowing tightened spreads
🔹 Thu: +24 (Intel + Amazon weak guidance = big FTS day)
🔹 Fri: -2 (FTS trade stalled)

Oil ended +1%, but about $2 off its highs earlier this morning. Still very near two-week highs — albeit the correlation has been “loose” at best.

Happy Halloween! 🎃👻 Have a safe & spooky weekend! 🦇

Full breakdown 👉

10/30/2026

🎉 TGIF MORNING MARKET UPDATE
Mortgage-backed securities (MBS) are down 8 bps, while the 10-year is up nearly 2½ ticks. Rates are ever so slightly higher.

📅 ECONOMIC CALENDAR
The Employment Cost Index, which can be a market mover, came in right at the consensus number, so we’re not seeing much movement there.
🛢️ OIL + STOCKS
Oil is up about 2%, hovering over $100 for the last couple of weeks. The Nasdaq is down 2%, but MBS aren’t seeing any benefit this morning.

🤔 FLIGHT TO SAFETY: TAPPED OUT?
That could mean the flight-to-safety trade has exhausted its options with the bond market for now. Bonds may be looking for actual economic data, unless things get really ugly in the equity markets.
🏡 FOR BUYERS
Rates are ever so slightly higher but still near 5-week lows, which is a good thing. Since October 5, MBS are up nearly 200 bps, which is about 0.4% lower on the interest rate alone. That’s good news for buyers out there!

Watch the video for the full details 👇

10/29/2026

🟢 THURSDAY MORNING MARKET UPDATE: GREEN AGAIN AFTER THE FED
Mortgage-backed securities (MBS) are in the green again, up 19 bps, while the 10-year is down 4¾ ticks. Rates are lower this morning. (Mortgage rates move opposite MBS prices.)

📅 THIS MORNING’S REPORTS
Core PCE, the Fed’s preferred inflation metric, came in at expectations once rounded, but slightly above before rounding. Q3 GDP came in above expectations, signaling a strong economy

🤔 SO WHY ARE MBS GREEN?
A flight to safety. The Nasdaq and the Dow are both down, and Alphabet (Google) shares are down 13% today alone. Overseas, the ECB kept its key rate on hold and German bonds are lower in yield, which is filtering over here

↩️ YESTERDAY
Even with the FOMC statement noting elevated inflation and worry about the strong economy, MBS ended the day up 15 bps, showing some resilience.
🏡 FOR BUYERS
Rates should begin the day at their lowest levels in a month keeping some consistency

Questions about rates, guidelines, programs and/or scenarios? Call or DM me anytime.

10/28/2026

The Fed: "Inflation is still a problem." 😬
The market: "Cool." 😎 …and rallied anyway.

Here's what most people are missing 👇

This wasn't just a flight-to-safety trade. Oracle announced it's capping its AI buildout borrowing, which calmed credit fears across the market.

When credit fears shrink ➡️ mortgage bond spreads tighten ➡️ MBS look more attractive vs. Treasuries.

The fear premium shrank. That's a healthier reason to rally than panic buying, and it could stick. 📈

Core PCE tomorrow is the real test.

Rates change. Relationships don't. 🤝 DM me or call 253.225.1245.

John Cobain | NMLS #374881 | In Partnership with Edge Home Finance NMLS #891464

10/27/2026

⏳ TUESDAY MORNING MARKET UPDATE
Mortgage-backed securities (MBS) begin the day essentially unchanged, while the 10-year Treasury is up about 1¼ ticks. Rates begin the day unchanged, which isn’t a bad thing!

📅 WHAT’S ON DECK
There are no upper-tier reports today that should have a major impact. The markets are waiting on tomorrow’s FOMC rate decision and the Fed press conference, which has been volatile under Warsh. Thursday brings Core PCE.

🛢️ OIL + STOCKS
Oil is down, and the Nasdaq is up, but these moves aren’t hurting MBS much as traders look ahead to the Fed and Thursday’s Core PCE.

🎯 THE LEVEL TO WATCH
We’ll monitor whether the 10-year continues to stay below 5%, as we’re right below that threshold now.

🏡 FOR BUYERS
Rates start the day unchanged. With the Fed tomorrow, talk with your lender about your rate lock options.

Watch the video for the full details 👇

10/26/2026

🏦 MONDAY MORNING MARKET UPDATE: FOMC WEEK
Mortgage-backed securities (MBS) begin the week up 6 bps, while the 10-year is down 2½ ticks. Rates open ever so slightly better (lower) than Friday.

📅 THE WEEK AHEAD
The first couple of days are light on the economic calendar, leading up to:
Wednesday: the FOMC rate decision, plus the press conference, which has created volatility the last few times.
Thursday: Core PCE, the Fed’s preferred inflation metric.

🔄 HOW FAST THINGS CHANGED
There’s a 90% chance the Fed keeps rates unchanged on Wednesday. Just 3-4 short weeks ago, there was a 65% chance of a rate hike, mostly driven by the flight-to-safety trade.

🏡 FOR BUYERS
Rates open slightly better than Friday and are still hovering near 1-month lows. With FOMC and Core PCE ahead, talk with your lender about your rate lock options.

Questions about rates, guidelines, programs and/or scenarios? Call or DM me anytime.

FOMC WEEK! 🏛️🎢TWO WEEKS AGO: 65% chance of a rate HIKETODAY: 90% chance of a HOLD 🤯What changed? Flight to safety from A...
10/25/2026

FOMC WEEK! 🏛️🎢

TWO WEEKS AGO: 65% chance of a rate HIKE
TODAY: 90% chance of a HOLD 🤯

What changed? Flight to safety from AI bubble fears 🫧

The lineup this week:
📅 Mon-Tue: Light calendar (eyes on stocks 👀)
📅 WED: FOMC Decision + Warsh presser 🎤
📅 THU: Core PCE (Fed's fave metric)
📅 FRI: Q3 Employment Costs

Will MBS keep rallying… or does the Fed throw a curveball?

Could be a WILD week 🎢

Thoughts?? Drop them below 👇

Address

2006 65th Avenue W
Fircrest, WA
98466

Telephone

+12532251245

Website

Alerts

Be the first to know and let us send you an email when John Cobain Home Loans in partnership with Edge Home Finance-MLO374881 posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to John Cobain Home Loans in partnership with Edge Home Finance-MLO374881:

Shortcuts

Share

Category

Nearby finance companies

Other Loans in Fircrest

Show All