There’s been no shortage of crazy weeks in the mortgage market lately, and this one was not to be outdone. By the end, the prices of the bonds that normally determine mortgage rates surged well into record highs. That would normally suggest the lowest mortgage rates ever, but the average lender is nowhere close.
Source: Kevin Litwicki MBSLIVE
Who Broke The Mortgage Market And When Will It Be Fixed?
Mortgages Make The Fed Angry. You'd Like Them When They're Angry
Last week was the wildest in the history of the mortgage market. This week was wilder. It ended with a one-of-a-kind show of force from the Federal Reserve.
Source: Kevin Litwicki MBSLIVE
Mortgages Make The Fed Angry. You'd Like Them When They're Angry
Wildest Week For Mortgage Rates, Ever (Seriously)
The headline makes a lofty claim, but let’s put doubt to rest with 3 facts right up front.
Source: Kevin Litwicki MBSLIVE
Wildest Week For Mortgage Rates, Ever (Seriously)
Mortgage Market in Chaos. What You Need To Know
Coronavirus has brought chaos to financial markets like few other things have. Much of the fallout is unprecedented. This is especially true for interest rates and the mortgage market. In many ways, things are more chaotic now than they were in 2008. That has positive and negative implications. Here’s what you need to know.
Source: Kevin Litwicki MBSLIVE
Mortgage Market in Chaos. What You Need To Know