It’s no mystery that the housing and mortgage markets are facing their fair share of headwinds in 2023, but some blow harder than others.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates and Housing Didn't Care About This Week's Fed Rate Hike
Slow Housing Market's Questionable Excuse (And a Much Better Alternative)
Inventory! That’s been a buzzword for the housing market for more than a decade, but it’s been especially prevalent in 2023 as the excuse for slower home sales.
Source: Kevin Litwicki MBSLIVE
Slow Housing Market's Questionable Excuse (And a Much Better Alternative)
Rates Recover Rapidly After Inflation Data
Mortgage rates spiked abruptly last week after several economic reports showed the economy doing better than expected. Now this week, key inflation data showed prices falling faster than expected. Rates responded with a full recovery.
Source: Kevin Litwicki MBSLIVE
Rates Recover Rapidly After Inflation Data
Mortgage Rates Back Over 7% as Markets Digest Economic Data
Until a few weeks ago, it looked like we might have seen the last of 7% mortgage rates, but the last 2 weeks have been brutal.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Back Over 7% as Markets Digest Economic Data