Mortgage rates fell nicely to start the week but only after rising rather abruptly in the previous two weeks. All of the above takes place inside a narrow, sideways range in the bigger picture
Source: Kevin Litwicki MBSLIVE
Housing and Rates Having Tough Time Finding Momentum

Seemingly overnight, the internet is awash with news regarding a “new,” unfair tax on mortgage borrowers with higher credit scores. Some have gone so far as to suggest that someone could intentionally lower their credit score in order to get a better deal.
Source: Kevin Litwicki MBSLIVE
Is There Really a New, Unfair Mortgage Tax on Those With High Credit?

The good news is that last November increasingly looks like the moment when rates stopped surging higher at the fastest pace in 40 years. The bad news is that they still don’t seem sure what to do next.
Source: Kevin Litwicki MBSLIVE
Rates Having a Tough Time Turning The Corner

Interest rates were remarkably calm in the last week of March. The market was in the process of shifting focus from the banking sector back to economic data. It just so happened that last week was light on data. This week was quite the opposite.
Source: Kevin Litwicki MBSLIVE
Rates Bounce After Hitting 2 Month Lows