Weekly Market Commentary - For the Week Ending 3/13/26

Rates UP Again This Week, LOWER Benefit Amounts Next Week!

Happy Friday the 13th!!

Welcome to this week’s edition of the SimpleReverse Weekly Market & Interest Rate Update for the week ending 3/13/26! This newsletter gives you a quick update on what is going on in the markets and where the 10YR CMT is headed for the upcoming week.

Market Update:

Mortgage rates moved higher this week due to a bond market sell-off, and the 10YR Treasury continued its move back up this week as well; but mortgage activity remains stronger as rates do remain better positioned than this time last year.

Inflation concern tied to higher energy prices and continued geopolitical tensions continue to be major drivers of the markets this week. February CPI numbers came in as expected this week with headline inflation at 2.4% and Core CPI at 2.5%, but markets remain focused on what could happen next as oil and gasoline prices climb amid the conflict in the Middle East.

Rates continue moving higher as the markets are repricing inflation risk into the formula and have begun demanding more yield for their investments. However, PCE inflation numbers came in as expected today which has helped ease the markets slightly, but investors are still weighing softer growth versus “still-sticky” inflation numbers.

For Reverse Mortgage Professionals, it’s important to shift the conversation away from “waiting for the perfect rate” and back towards the bigger planning questions of does this loan solve cash flow concerns, preserve cash, avoid monthly payments, help you purchase a new home with no payments and as a tool to decrease drawing down investments to quickly. 

10YR CMT Interest Rate Projection for Next Week:

The 10YR CMT currently sits at 4.10% for this week and has continued its move back up this week. We will see an increase of around 8-10 bps in the Expected Rate next week! Unfortunately, this will have a NEGATIVE IMPACT on the Expected Rate and will result in LOWER Benefit Amounts next week!

Based on the data from this week, we will see an INCREASE in the Expected Rate of about    8-10 bps for next week. This INCREASE will have a NEGATIVE IMPACT on Benefit Amounts for next week. So, if you have applications or closings, we would suggest TAKING APPLICATIONS AND SCHEDULING CLOSINGS NOW BEFORE RATES GO UP NEXT WEEK SO THAT YOU CAN “LOCK-IN” HIGHER BENEFIT AMOUNTS BEFORE THEY DECREASE NEXT WEEK!  As usual, new rates for next week will take effect on Tuesday, 3/17/26! We are providing this data to you so that YOU can continue to make the decisions that best suit your business based on the information you have!

If you have questions about this, please let me know! Thanks for the partnership and Good Selling!!!