It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually risen?
Source: Kevin Litwicki MBSLIVE
Why Some Rate Quotes Are So Different And Why "Points" Are On The Rise

The first few months of 2022 have seen rates rise at the fastest pace since the 1980s as a confluence of known issues collided with unexpected volatility due to the war in Ukraine.
Source: Kevin Litwicki MBSLIVE
The Fed's Playbook is Already Out For Next Week And Rates Have Already Reacted

It’s hard to avoid bad news about rising mortgage rates in 2022, but be careful what you believe.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Are a Bit Higher (And Way Lower) Than You've Been Told

By the end of last week, there was a shred of hope that the worst might be over for 2022’s massive rate spike. By Tuesday of this week, however, that hope was shredded.
Source: Kevin Litwicki MBSLIVE
Why Mortgage Rates Jumped Back Over 5% This Week

Home prices have been on a tear since late 2020 despite generally higher rates in 2021. In the past few months, rates have upped the ante by surging at one of the fastest paces in history, but in data just released this week, home prices are moving higher at an even faster pace. What’s up with that?
Source: Kevin Litwicki MBSLIVE
When Will Prices Care About Rising Rates? And Are Rates Done Rising?

While weeks in 2022 have been terrible for mortgage rates, we’ve always been able to say “at least it wasn’t as bad as that one week in 2013.” We can’t really say that anymore.
Source: Kevin Litwicki MBSLIVE
Why Are Mortgage Rates Skyrocketing Toward 5%

Mortgage rates are based on movement in the bond market, and as of the middle of this week, bonds had lost a good amount of ground every day for 8 straight days. With that, the average 30yr fixed rate officially hit its highest level in 3 years. That happened on the same day that the Federal Reserve hiked rates for the first time since 2018, but is there a connection?
Source: Kevin Litwicki MBSLIVE
Highest Mortgage Rates in 3 Years After Fed Hikes, But Is There a Connection?

The Fed will hike it’s key policy rate for the first time since 2018 next week, but mortgage rates aren’t waiting to move higher.
Source: Kevin Litwicki MBSLIVE
Highest Rates In Nearly 3 Years Ahead of Next Week's Fed Hike

Financial markets were already dealing with rapidly evolving Fed policy shifts, a big jump in rates, and a big drop in stocks. But after Russia invaded Ukraine, volatility has been on another level.
Source: Kevin Litwicki MBSLIVE
Staggeringly Big Rate Swings as Markets Remain Focused on Ukraine

Apparently a bit of concern over the potential for global nuclear war is not enough for mortgage rates to recover very much.
Source: Kevin Litwicki MBSLIVE
Multi-Year Rate Highs Showing Little Concern For Geopolitical Risk