After beginning the week on shaky footing thanks to recently higher rates, the housing market was treated to great news in the form of strong reports on home sales and prices. Rates even calmed down over the course of the week, but threats remain as June’s Fed meeting approaches
Source: Kevin Litwicki Universal Lending
Stellar Housing Data This Week and a Break From Mortgage Rate Volatility
Rates Panic After Fed Minutes, But Bigger Challenges Await
Mortgage rates and broader financial markets gyrated this week after the Fed took a moment to set the record straight. But this week’s volatility is nothing compared to the bigger picture.
Source: Kevin Litwicki Universal Lending
Rates Panic After Fed Minutes, But Bigger Challenges Await
The Real Story Behind Rates at 3-Year Lows
This week brings widespread news of mortgage rates at 3-year lows. Is it true? Yes and no… More importantly, where do we go from here?
Source: Kevin Litwicki Universal Lending
The Real Story Behind Rates at 3-Year Lows
Rates Could Still Go Lower, But With a Price
After catching a break following last week’s Fed Announcement, rates managed to confirm the positive momentum this week. Weaker economic data helped, but perhaps not as much as the bigger picture concerns conveyed by falling stock prices. Meanwhile, home prices continue defying gravity.
Source: Kevin Litwicki Universal Lending
Rates Could Still Go Lower, But With a Price