In about 2 weeks, the big bond rally of 2019 (i.e. the big drop in rates!) will officially be 1 year old (because it actually began in the 2nd week of November). This has been a uniquely interesting year for rates. Granted, there are plenty of other years with the same sort of big overall movement, blatantly obvious motivations, paradoxically subtle motivations, and uncertainty-inducing curveballs, but few have combined all of those components.
Source: Kevin Litwicki MBSLIVE
Is It Time To Worry About Rising Rates?
Why Do Rates Care About Brexit?
Source: Kevin Litwicki MBSLIVE
Why Do Rates Care About Brexit?
The Trade Deal Just Made Your Mortgage Rate Higher, But There's a Catch
It would have been hard to make it through this week without hearing about Friday’s trade deal progress, but how does it affect you? At face value, a healthy trade partnership is good for the global economy, but if you need a mortgage any time soon, the trade deal just pushed your rate higher.
Source: Kevin Litwicki MBSLIVE
The Trade Deal Just Made Your Mortgage Rate Higher, But There's a Catch
Don't Believe The News on Mortgage Rates
As of Thursday, most major news outlets and even several important trade organizations ran headlines claiming mortgage rates were flat this week. But rates are actually much lower compared to last week. What’s up with that?
Source: Kevin Litwicki MBSLIVE
Don't Believe The News on Mortgage Rates