Mortgage rates have been moving higher at the fastest pace in more than a year. Just this week, they hit their highest levels in more than 4 years. But they also did something else they haven’t done recently–something positive. Whether or not it’s positive enough to suggest a broader shift remains to be seen
Source: Kevin Litwicki Universal Lending
Have Rates Finally Found a Ceiling?

The average 30yr fixed mortgage rate has now spiked by more than half a point since the beginning of the year on a combination of inflation fears, central bank policy and fiscal policy. But with all those headwinds, is this just the beginning of something even worse? And what would that mean for housing?
Source: Kevin Litwicki Universal Lending
Why The Housing Market Can Survive Inflation Fears and Rising Rates

An abrupt stock market sell-off dominated the week’s financial news. It was the kind of move that gets everyone talking (and speculating, and worrying, and explaining). In those conversations and in the news, certain concepts have garnered broad agreement. Unfortunately, just because something is often repeated, it’s not necessarily true.
Source: Kevin Litwicki Universal Lending
Let's Get Real About Interest Rates and The Stock Crash

So far this year, interest rates (including mortgages) have spiked at the quickest pace since the US presidential election. They’re currently at levels not seen since early 2014. It was all anyone in financial news could talk about this week, but some of that conversation should be taken with a grain of salt.
Source: Kevin Litwicki Universal Lending
Everyone's Talking About Rates, But Not For All The Right Reasons