Last week was brutal for mortgage rates, but this week made it look like a walk in the park. What’s going on and when will this stop?
Source: Kevin Litwicki MBSLIVE
Brutal Week For Rates But There's Hope (Hopefully)

2020’s mortgage rate reality made it easy to get lulled into a false sense of security. Now it’s time to wake up.
Source: Kevin Litwicki MBSLIVE
Time to Wake Up To The New Mortgage Rate Reality

There’s an obvious trend toward higher rates as far as Treasury yields are concerned. Treasury yields and mortgage rates historically correlate quite well, but mortgage rates have almost completely ignored that correlation recently. What gives? And when will things change?
Source: Kevin Litwicki MBSLIVE
When Will The Mortgage Market Actually Care About Rising Rates?

The big jobs report painted a bleak picture for the labor market recovery. That’s normally something that interest rates would love to see, but they continued higher this week.
Source: Kevin Litwicki MBSLIVE
Rates Under Pressure Despite Weak Jobs Report