For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market’s knee-jerk response to the realization that the Federal Reserve will be winding down its bond purchase program. With the Fed almost certain to make a similar announcement next Wednesday, should we be scared yet again?
Source: Kevin Litwicki MBSLIVE
Don't Fear The Taper
Highest Rates Since April, But There's a Catch
Over the past 30 days, interest rates have risen sharply. This is true for both mortgage rates and bond market benchmarks like 10yr Treasury yields. But another version of the 10yr Treasury yield continues to operate near all-time lows.
Source: Kevin Litwicki MBSLIVE
Highest Rates Since April, But There's a Catch
Are Rates Doomed to Continue Higher?
After a calm summer at historic lows, mortgage rate volatility has ramped up heading into the fall. What are rates worried about, and is this just the beginning of more drama?
Source: Kevin Litwicki MBSLIVE
Are Rates Doomed to Continue Higher?
Mortgage Rates Much Higher Despite Weaker Jobs Data
A weak jobs report is usually great news for mortgage rates, but nothing could be farther from the truth this week!
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Much Higher Despite Weaker Jobs Data
Mortgage Limits Have NOT Changed (Yet)
The conforming loan limit is set by the Federal Housing Finance Agency (FHFA). Mortgages under that amount generally have the lowest effective rates, and in some cases are easier to qualify for. With prices appreciating rapidly in the past year, a big increase in the loan limit would be big news.
Source: Kevin Litwicki MBSLIVE
Mortgage Limits Have NOT Changed (Yet)