The Basis Point Live Blog from Optimal Blue Summit 2026 covers the current state of mortgage markets and fintech. Optimal Blue powers rate pricing for 35% of the mortgage industry's 2026 projected fundings of $2.2 trillion.
Treasury chief Bessent and Fed chair nominee Warsh say AI is reason to cut rates. Former NY Fed chief Dudley disagrees for 5 reasons.

With mortgage rates below 6% and median home prices $397k to $414k, you can buy a home with 5% down if you make $110k to $114k.
LinkedIn Founder Reid Hoffman On Which Jobs AI Will Take First
Any job where you ask a human to act like a robot, a robot will eventually do the job better.
U.S. homebuyers struggle with affordability, sellers delist, builders pull back, regions diverge. But this is stagnation, not crisis. These charts explain.
President Trump move to fire Fed governor Lisa Cook could end up being challenged at the Supreme Court if her lawyer Abbe Lowell prevails
This Redfin table from a survey of homeowners and renters tells us quite a bit about how each generation prioritizes budgets and lifestyles.

Homeowners who are selling cut prices on 27.4% of listings in July, and 37% of homebuilders cut prices by 5% in August.
Fed Chair Powell Finally Signals Rate Cuts. Mortgage Rates Down Already.
Downside risks to employment are rising. And if those risks materialize, they can do so quickly in the form of sharply higher layoffs and rising unemployment.

Fixed vs. variable rate mortgage dominance is why American home prices have stayed high vs. other countries during this high rate era.
Treasury chief Scott Bessent says Fed Funds Rate should be 1.5% to 1.75% lower, predicts .5% cut Sept 17, teases up to 11 Powell replacements
Stephen Miran, chair of Trump's Council of Economic Advisors, nominated to open Fed governor role. How fast can he be confirmed and how long could he serve?
Trump approves The Late Show sign for Powell’s new Fed building. Just joking, but admit it: "The Late Show" is a better Trump nickname for Powell than "Too Late."
Is the Fed succeeding at it's dual mandate of low prices and low unemployment? Besset says the Fed should be examined to make sure.

