A shocking announcement by the President sent mortgage rates to 3 year lows this week.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Back in The 5's. Here's Why
Mortgage Market in Holiday Mode Despite Big-Ticket Data
The two most important economic reports of the month were released this week. Both showed promising results for rates, and although rates improved, the reaction was smaller than expected.
Source: Kevin Litwicki MBSLIVE
Mortgage Market in Holiday Mode Despite Big-Ticket Data
Once Again, Fed Rate Cut Was Meaningless For Mortgage Rates
Friends don’t let friends believe the myth that Fed rate cuts result in lower mortgage rates.
Source: Kevin Litwicki MBSLIVE
Once Again, Fed Rate Cut Was Meaningless For Mortgage Rates
Are Rates About to Make a Move Because of The Fed?
December 10th will be the most interesting Fed announcement in more than a year.
Source: Kevin Litwicki MBSLIVE
Are Rates About to Make a Move Because of The Fed?
Jobs Report and Stock Losses Help Rates Hold The Range
This week marked the return of delayed economic data from the government shutdown. Specifically, we received the important jobs report that was set to come out in early October.
Source: Kevin Litwicki MBSLIVE
Jobs Report and Stock Losses Help Rates Hold The Range
Mortgage Rates Near 2-Month Highs; What to Expect With Gov Reopening; What's up With 50yr Mortgage News?
After the longest shutdown in history the U.S. government reopened on Thursday. As expected, this has added a bit of upward pressure for rates.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Near 2-Month Highs; What to Expect With Gov Reopening; What's up With 50yr Mortgage News?
A Rare Week of Data Brings Friends and Foes For Rates
Rates are dictated by bonds and bonds take cues from economic data. But during the shutdown, the most important data has been on hold. This week brought a rare concentration of non-government data to help bridge the gap and bonds were more than willing to respond.
Source: Kevin Litwicki MBSLIVE
A Rare Week of Data Brings Friends and Foes For Rates
Once More With Feeling: Mortgage Rates Moved Higher After The Fed Rate Cut
Not all rates are created equal and not all rates move in the same direction for the same reasons.
Source: Kevin Litwicki MBSLIVE
Once More With Feeling: Mortgage Rates Moved Higher After The Fed Rate Cut
The Fed is Cutting Rates Next Week, But Not Mortgage Rates!
The end of October brings the next Fed announcement and it is a 100% certainty that they will be cutting rates again. Many people believe this means lower mortgage rates. Many people are wrong.
Source: Kevin Litwicki MBSLIVE
The Fed is Cutting Rates Next Week, But Not Mortgage Rates!
Mortgage Rates Aren't Too Far From 3 Year Lows
If we stopped paying attention at noon on Thursday, it was an uneventful week due to an absence of important economic data, a holiday closure, and a lack of volatility in the underlying bond market. After that, things got interesting.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Aren't Too Far From 3 Year Lows