So long 2022! Don’t let the door hit you. You were the worst year for mortgage rates that most of us have seen in our lifetimes in terms of the pace of the rate spike. Sure, our friends who have more “life experience” are happy to remind us about their double digit mortgage rates in the 80s, but that was then, and everything’s relative. Besides, the “2nd worst rate environment, ever” doesn’t really make anyone feel any better.
Source: Kevin Litwicki MBSLIVE
2022 Was Rough For Rates and Housing, But 2023 is a Blank Canvas

The last two weeks of December are unlike almost any time of year in terms of market movement and what we should read into it, but there were several housing-related reports that are worth considering as we head into the new year.
Source: Kevin Litwicki MBSLIVE
Mixed Signals in Housing Data and Small-Scale Volatility in Rates

It was a critical week for financial markets and especially for rates as investors digested the latest inflation data and the Fed’s smaller rate hike.
Source: Kevin Litwicki MBSLIVE
Best Winning Streak For Rates in 2 Years

Tuesday December 13th is the day many people have been waiting for ever since Thursday November 10th. What do those two days have in common? They each mark the monthly release of the Consumer Price Index, the official inflation data responsible for some of 2022’s wildest trading days.
Source: Kevin Litwicki MBSLIVE
Extremely Risky Week Coming Up For Better or Worse

As far as financial markets are concerned, a green Christmas is better than anything Bing Crosby could have crooned about. Green is the color that flashes when markets are improving or when interest rates are falling. Green, for lack of a better word, is good.
Source: Kevin Litwicki MBSLIVE
Rates Dream of Green Christmas With Help From The Fed