This newsletter series spent 3 straight weeks trying to remind readers that mortgage rates could go higher after the Fed rate cut, and then several more weeks warning about the high stakes jobs report. We had no way of knowing how the future would play out then, and that continues to be the case, but it’s time to get the next big warning on the table.
Source: Kevin Litwicki MBSLIVE
Time to Start Thinking About Incredibly High Volatility Potential

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‘Tis the season for things to be something other than what they appear to be, apparently. Lenders are talking about new loan limits, but they haven’t officially changed. News stories are saying rates went lower this week, but they’re higher. And there’s even talk of a big refi boom, but as you may have guessed, that’s also not exactly right.
Source: Kevin Litwicki MBSLIVE
Refi Booms, Loan Limits, and Mortgage Rate Misdirection

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