Chris Myers - Mortgage Loan Officer NMLS #343701

10/29/2026

Market Update:

The U.S. 10-Year Treasury yield is currently 4.978%, close to opening levels near 4.997%. Third quarter GDP came in better than expected, showing growth of 3.4% for the quarter against forecasted 3.1%. PCE, the Fed’s preferred inflation gauge, rose as well with the annualized rate at 3.6%, just below forecasted 3.7%. Month over month PCE rose by 0.5% which was in line with forecast and Core PCE rose 0.3%, also in line with forecasts. There are no major economic releases tomorrow. Rumors are swirling on the geopolitical front that the U.S. could re-engage tensions with Iran following mid-term elections which could bring volatility back into the mix in the short run.

10/28/2026

https://www.kindlending.com/recruiting/cmyers

Kind Lending

10/28/2026

Get pre-qualified BEFORE you go look at new homes with a realtor. You always want to know your budget and your options. To coin a phrase: "Know, before you go!" Message me and I can help you!! Free application process and a soft pull on credit to start! DON'T POUR MONEY IN UNTIL YOU'RE READY TO PULL THE TRIGGER!

10/27/2026

Market Update:

The U.S. 10-Year Treasury yield is currently 4.993%, above opening levels near 4.968%. Durable goods saw an increase of 1.8%, outpacing the 1.7% rise forecasted. The Case Shiller Home Price index, New Home sales and Consumer Confidence all will release later this morning. While the market has priced in the likelihood of no change in the fed funds rate tomorrow, investors will be closely monitoring the decision and Warsh’s press conference for any further guidance on Fed monetary policy for the remainder of the year.

10/26/2026

Market Update:

The U.S. 10-Year Treasury yield is currently 4.976%, just below opening levels near 4.986%. The 10-Year yield is now below the pivotal 5% threshold which could signal short term reversal from recent weeks. Pressure on yields remains with inflation, geopolitical tension that has kept strain on oil prices, and increasing sovereign and corporate debt. The Fed is scheduled to meet this week and will announce their latest decision on interest rates Wednesday. Market participants are pricing in a 90% chance that the Fed will leave rates unchanged. Investors will likely be focusing on Warsh’s press conference for clues on updated monetary policy guidance. The week ahead will be busier than last with Durable Goods, Case-Shiller Home Price Index, and New Home Sales tomorrow. Wholesale and Retail Inventories will release Tuesday then GDP, Initial Jobless Claims and PCE data on Thursday. The latest Employment data will follow next week as we head into November.

10/23/2026

Market Update:

We begin Friday with the 10-year yielding 4.99 after closing yesterday at 4.95 percent. U.S. Treasuries and Agency MBS rallied sharply on Thursday as technology stocks sold off, pushing bond yields to their lowest levels in at least a month and reversing the late-September to early-October selloff. 10-year yields dropped 16-basis points to break below the psychologically significant 5 percent level, as weakness in French debt triggered safe-haven flows into U.S. fixed income. The rally was further fueled by escalating geopolitical concerns surrounding Iran (the U.S. and Israel drew up plans to renew strikes on Iran after the midterms), persistent weakness in highly leveraged AI infrastructure companies, and short covering, reinforcing demand for safe-haven assets amid heightened global market uncertainty. Markets will now assess whether the rally holds into the weekend, with University of Michigan sentiment data and S&P PMI releases due out today ahead of next week’s FOMC meeting. Both of those releases scheduled for later this morning.

10/22/2026

Another Nice Drop For Rates, Now Near 1-Month Lows

Interest rates continue taking cues from the market rethinking the pace of AI-related growth/spending. Last week's focus was on Coreweave and a few other companies who saw their cost of financing rapidly increase--a sign that investors were starting to worry about future return of capital. One remedy for such worries is to shift money into the safest parts of the bond market such as US Treasuries and mortgage-backed bonds. As demand for those bonds increases, rates fall.

Today was a sharper, broader continuation of the same theme. Disappointing earnings calls and guidance for several big names resulted in heavy selling of tech stocks in addition to ongoing spikes in financing costs for Coreweave and other higher-risk names.

In the simplest terms: tech is tanking and bonds are picking up the slack.

The average top-tier 30yr fixed rate fell 0.10 today to 7.30%. This is the lowest since September 23rd when it was 7.26%.

10/22/2026

Market Update:

The U.S. 10-Year Treasury yield is currently 5.038%, below opening levels near 5.086 Yields seem to be somewhat stabilized and trending better this week. Initial jobless claims showed 194k against 200k forecast and the previous reading of 199k. Service and Manufacturing PMIs and Consumer sentiment will release tomorrow to wrap up a relatively quiet week. Market participants continue to look to next week's Fed meeting coupled with the most recent PCE data that could drive market direction in the short run.

10/21/2026

I am so excited to announce that I have made the move from Success Lending to our parent company, KIND Lending and I will be a Branch Manager here in the great state of Texas! (I am also licensed in 30 other states, so let me know how I can help YOU!) I am so excited to stay with the greatest mortgage organization a loan professional could ask for! Please reach out to me if there is ever anything I can do for you or help you with. LET'S GOOOO!!

10/21/2026

Market Update:

The U.S. 10-year Treasury yield is currently 5.096%, below opening levels near 5.119%. The markets are holding steady this morning with no economic releases scheduled today. Investors are awaiting an update on the latest initial jobless claims tomorrow and services and manufacturing PMI data Friday. The Fed will be meeting a week from Today with PCE inflation data releasing the day after. Market participants are widely expecting the Fed to leave rates unchanged next week.