In 2020 and 2021, housing boomed and rates plummeted at a pace that many considered to be unsustainable. 2022’s role is to take things back in the other direction.
Source: Kevin Litwicki MBSLIVE
Housing is Normalizing, Not Dying; Nice Rate Rebound After Last Week's Rout
Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning
In a year where mortgage rate volatility has been extreme, this week made everything else look tame by comparison.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning
2022 is Already The Worst Year For Rates Since 1979
2022 has already had its fair share of bad news for mortgage rates, but this week was not to be outdone.
Source: Kevin Litwicki MBSLIVE
2022 is Already The Worst Year For Rates Since 1979
Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity
By last Friday, rates had improved so much from recent highs that we were finally able to consider that 2022’s trend had shifted gears from “skyrocketing” to “sideways.” While that possibility can still be entertained, this week’s rates are definitely higher.
Source: Kevin Litwicki MBSLIVE
Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity