December 2022

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

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