Interest rates are a hot topic right now, largely because they’re surging to the highest levels in years depending upon whom you ask and what type of rate you’re asking about. There is a lot of confusion and even some misinformation about exactly what rates are doing. Let’s clear that up.
Source: Kevin Litwicki Universal Lending
Rates Spike Ahead of Fed. Is There Any Good News?

Last week, we talked about the unintended consequences of a strong economy with respect to higher wage growth pushing interest rates quickly higher. This week, it was more of the same.
Source: Kevin Litwicki Universal Lending
Rates Paying Price For Sunny August

From a strictly economic standpoint, this week saw the release of several impressive reports. For stakeholders in the mortgage and housing markets, there are trade-offs.
Source: Kevin Litwicki Universal Lending
Booming Economy's Unintended Victims