More than any other week in recent memory, investors began asking themselves if the high rates seen in October and early November marked the ceiling for this economic cycle.
Source: Kevin Litwicki Universal Lending
Are The Highest Interest Rates Behind Us?

It wouldn’t be 2018 in the housing market if there wasn’t at least one report painting a gloomier picture. Thankfully, there was only one this time around!
Source: Kevin Litwicki Universal Lending
Housing Showing Some Signs of Stabilizing

The rapid rise in rates has been a big problem for the housing and mortgage markets this year. Just last week, some reports suggested rates were near 8 year highs. The same sources reported that rates were ‘unchanged’ this week.
Source: Kevin Litwicki Universal Lending
Rates Actually Fell to Recent Lows This Week

Are you mad? Whether you’re a housing/mortgage professional or simply a person who might like to buy/sell/refinance a house at some point in the near future, you have a right to be frustrated.
Source: Kevin Litwicki Universal Lending
Who Gets The Blame For Higher Rates?

October has a bit of a reputation in financial markets as being more prone to volatility than most months. While there are solid theories as to why this is the case (earnings , start of Federal fiscal year, and even the timing of traders’ last summertime vacations), there’s no solid rhyme or reason as to how the volatility will play out.
Source: Kevin Litwicki Universal Lending
Why Strong Job Gains Hurt Both Sides of The Market