On a week where many sports fans thought fondly of the late Vin Scully’s famous “high fly ball into right field” call during the 1988 World Series, two of the heaviest hitting economic reports were also swinging for the fences. They connected, and rates moved higher as a result.
Source: Kevin Litwicki MBSLIVE
4.99% Mortgage Rates?! That's Old News

Mortgage rates have been all over the map recently, both in terms of their movement and in their variation between lenders. The disconnects are so big as to require a deeper explanation.
Source: Kevin Litwicki MBSLIVE
The Real Reason Mortgage Rates Are Dropping at a Record Pace

Foreign monetary policy combined with weak economic data to push rates sharply lower by the end of the week.
Source: Kevin Litwicki MBSLIVE
Lowest Rates Since Early June. What's Europe Got to do With It?

It was a week for paradoxes on several fronts, most notably when mortgage rates moved lower just after the Fed floated the idea of an even bigger hike.
Source: Kevin Litwicki MBSLIVE
Fed Talking About Big Rate Hikes, But Mortgage Rates Moved Lower

No one is intentionally lying to you, but there’s some serious misinformation potential in this week’s mortgage news. The following explains everything.
Source: Kevin Litwicki MBSLIVE
Don't Trust This Week's Mortgage Rate Headlines! (Except This One)

Mortgage rates have been volatile in 2022. Most of that volatility has played out in the form of higher rates. The past 2 weeks have been a notable exception.
Source: Kevin Litwicki MBSLIVE
Rates Plummet to 3 Week Lows. Has The Corner Been Turned?

In 2020 and 2021, housing boomed and rates plummeted at a pace that many considered to be unsustainable. 2022’s role is to take things back in the other direction.
Source: Kevin Litwicki MBSLIVE
Housing is Normalizing, Not Dying; Nice Rate Rebound After Last Week's Rout

In a year where mortgage rate volatility has been extreme, this week made everything else look tame by comparison.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning

2022 has already had its fair share of bad news for mortgage rates, but this week was not to be outdone.
Source: Kevin Litwicki MBSLIVE
2022 is Already The Worst Year For Rates Since 1979

By last Friday, rates had improved so much from recent highs that we were finally able to consider that 2022’s trend had shifted gears from “skyrocketing” to “sideways.” While that possibility can still be entertained, this week’s rates are definitely higher.
Source: Kevin Litwicki MBSLIVE
Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity