Apparently a bit of concern over the potential for global nuclear war is not enough for mortgage rates to recover very much.
Source: Kevin Litwicki MBSLIVE
Multi-Year Rate Highs Showing Little Concern For Geopolitical Risk
Mortgage Rates Having Tough Time, But Housing Metrics Are Still Strong
With things still up in the air in terms of geopolitical risk, markets are seeking safer havens in general so far today. Most recently, this is affecting stocks a bit more than bonds.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Having Tough Time, But Housing Metrics Are Still Strong
Highest Inflation Since The 80s; Highest Rates Since 2019; Huge Volatility on Friday
There were 3 distinct parts to this week. One was boring. One was very bad for rates, and one undid almost all the damage.
Source: Kevin Litwicki MBSLIVE
Highest Inflation Since The 80s; Highest Rates Since 2019; Huge Volatility on Friday
Mortgage Rates Leap Toward 4.0% After Jobs Report Shocker
Friday’s jobs report wasn’t supposed to matter much for rates, but it did… massively.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Leap Toward 4.0% After Jobs Report Shocker