After nearly a month of anticipation, the market finally had its showdown with the Fed. It turns out rates and stocks were already in a good position.
Source: Kevin Litwicki MBSLIVE
Is The Fed Going to Kill The Economy?
Making Sense of Rising Rates And The Risks Ahead
It’s a tumultuous time on several levels. Rates have risen abruptly. Why? And what’s next?
Source: Kevin Litwicki MBSLIVE
Making Sense of Rising Rates And The Risks Ahead
Fed May Be Hiking in March, But Higher Rates Are Here Today
In the past 2 weeks, press coverage of the Federal Reserve’s policy outlook has ramped up significantly. The Fed is now expected to start hiking rates in March and to hike more than previously expected in 2022. If you think that gives you time to get a mortgage before rates go up, think again.
Source: Kevin Litwicki MBSLIVE
Fed May Be Hiking in March, But Higher Rates Are Here Today
Highest Mortgage Rates in Nearly 2 Years
Seemingly overnight, the mortgage rate narrative has changed rather drastically, at least in relative terms. While rates had risen gradually from near-all-time lows in August, they were still in a historically low range by the end of December. 1 week later and we’re at the highest levels in 2 years.
Source: Kevin Litwicki MBSLIVE
Highest Mortgage Rates in Nearly 2 Years