Brian Covey wants to build something big at CrossCountry Mortgage

Wednesday was a busy — and unusual — day for Brian Covey. He started it at Revolution Mortgage, where he’s been EVP of strategy and development since late 2022, and ended it at CrossCountry Mortgage.“What I’ve learned is, the most important thing is your vision and that your values align,” Covey sai

Bond yields fall after tariff news. Are mortgage rates next?

Liberation Day has finally arrived, and what a wild day it’s been! The bond market and stock futures rose when the initial discussions about the 10% tariffs hit the market. But the real game changer? Those anticipated reciprocal tariffs sent the 10-year yield plummeting from 4.23% to 4.11%, currentl

Trump’s ‘Liberation Day’ imposes dramatic global tariff regime

President Donald Trump followed through on months of threats to enact global “reciprocal” tariffs Wednesday afternoon by announcing an executive order that places a tariff on all foreign imports.Under Trump’s new tariff structure, there will be a baseline tariff of 10% on all imports, while many cou