Mortgage rates had their best week in a while, falling to the lowest levels in 2 weeks. Most of the recent increase is still intact, but investors showed more interest in buying bonds, which helps push mortgage rates lower.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Finally Fight Back. Will It Last?
Why Didn't Rates Fall After This Week's Jobs Report?
This one is going to frustrate a lot of rate watchers.
Source: Kevin Litwicki MBSLIVE
Why Didn't Rates Fall After This Week's Jobs Report?
Why Rates Almost hit 7.5% This Week, And Is The Worst Over?
At 9:44am ET on Wednesday, this week’s rate story was mostly about waiting for next week’s economic data. At 9:45, an unlikely report made the wait a lot more uncomfortable.
Source: Kevin Litwicki MBSLIVE
Why Rates Almost hit 7.5% This Week, And Is The Worst Over?
Mortgage Rates Barely Budged in Response to Fed Rate Hike
It’s a common refrain in this newsletter: The Fed does not hike/cut mortgage rates and the two can often move in opposite directions in the short-term.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Barely Budged in Response to Fed Rate Hike
Oil and Inflation Push Mortgage Rates to Highest Levels Since Early 2025
Mortgage rates moved sharply higher this week, ultimately reaching their highest levels since early 2025. Most of the damage took place on Wednesday and Thursday, but Friday ultimately made things slightly worse. The average top-tier 30yr fixed rate rose almost a quarter of a percent in total.
Source: Kevin Litwicki MBSLIVE
Oil and Inflation Push Mortgage Rates to Highest Levels Since Early 2025
Highest Mortgage Rates in 15 Months, But Some Push Back on Fed Hike Expectations
Mortgage rates hit their highest level since June 2025 this week. While that milestone sounds ominous, it was the product of gradual movement and logical motivations.
Source: Kevin Litwicki MBSLIVE
Highest Mortgage Rates in 15 Months, But Some Push Back on Fed Hike Expectations
Jackson Hole Jump For Mortgage Rates
Mortgage rates were on track for a fairly uneventful week until Friday morning, when a speech from Fed Chair Kevin Warsh triggered a sharp bond market sell-off. The average top-tier 30yr fixed rate jumped to its highest level in just over 3 weeks.
Source: Kevin Litwicki MBSLIVE
Jackson Hole Jump For Mortgage Rates
Mountains vs Molehills: What Rates Really Cared About This Week
Source: Kevin Litwicki MBSLIVE
Mountains vs Molehills: What Rates Really Cared About This Week
Lowest Mortgage Rates in 4 Weeks After July's Inflation Data
Rates may still be elevated in a general sense, but by the end of the week, they were as low as they’ve been since July 17th. If we have one thing to thank, it was this week’s inflation data.
Source: Kevin Litwicki MBSLIVE
Lowest Mortgage Rates in 4 Weeks After July's Inflation Data
Lowest Rates in Weeks After Jobs Report and Oil Price Drop
Mortgage rates moved lower almost every day this week with most of the help coming from war-related headlines and a last minute boost from the jobs report.
Source: Kevin Litwicki MBSLIVE
Lowest Rates in Weeks After Jobs Report and Oil Price Drop