While financial markets prepare to choose the direction of their next big move, housing and mortgage data are quickly getting very interesting.
Source: Kevin Litwicki Universal Lending
Action-Packed Week For Housing and Mortgage Markets

Two separate holding patterns were in focus this week–one in housing-related economic data, and the other in broader financial markets. One of these holding patterns stands a good chance of being broken next week. The other is anyone’s guess.
Source: Kevin Litwicki Universal Lending
What Will It Take To Break Holding Pattern In Housing And Markets?

Interest rates have been fairly sideways recently, and that leads to speculation as to what might motivate them to move higher or lower. But in this case, speculation is totally unnecessary!
Source: Kevin Litwicki Universal Lending
A More Realistic View of Stocks, Oil, and Rates

The month of July saw rates bounce up from all-time lows immediately following a strong jobs report. Then we spent the 2nd half of the month waiting to see if rates would continue higher. Just when rates were calming down, the new jobs report is shaking things up.
Source: Kevin Litwicki Universal Lending
Strong Jobs Data Complicates Rate Outlook