‘Tis the season for things to be something other than what they appear to be, apparently. Lenders are talking about new loan limits, but they haven’t officially changed. News stories are saying rates went lower this week, but they’re higher. And there’s even talk of a big refi boom, but as you may have guessed, that’s also not exactly right.
Source: Kevin Litwicki MBSLIVE
Refi Booms, Loan Limits, and Mortgage Rate Misdirection
Why The Fed Rate Cut Didn't Help Mortgage Rates This Week
This week’s newsletter will be intentionally short in hopes of it being easier to share, read, and digest.
Source: Kevin Litwicki MBSLIVE
Why The Fed Rate Cut Didn't Help Mortgage Rates This Week
Why Fed Day Matters Even Though Mortgage Rates Are Already Lower
It’s a foregone conclusion that the Fed will be cutting rates on Wednesday, September 18th. As exciting as they might sound, mortgage rates have already reaped the rewards.
Source: Kevin Litwicki MBSLIVE
Why Fed Day Matters Even Though Mortgage Rates Are Already Lower
Why You Might Regret Waiting For Better Rates After The Fed Cuts
With more and more buzz surrounding the Fed’s upcoming rate cut, it’s only natural for consumers to enthusiastically wait for the lower mortgage rates that are sure to follow. There’s just one problem.
Source: Kevin Litwicki MBSLIVE
Why You Might Regret Waiting For Better Rates After The Fed Cuts