In addition to being shorter than normal due to the Memorial Day holiday, there wasn’t much meat on this week’s event calendar–at least not as far as the rate market was concerned. Earnings releases caused some volatility in the stock market, but rates drifted sideways to slightly lower after a larger drop on Tuesday.
Source: Kevin Litwicki MBSLIVE
Calmer, Friendlier Week For Rates Amid Mixed Signals For Housing
Rates Back to 7%. What Will It Take For Them to Drop?
Source: Kevin Litwicki MBSLIVE
Rates Back to 7%. What Will It Take For Them to Drop?
Some Uncertainty at The End of an Otherwise Decent Week
With 15 minutes left in the trading day, Moody’s delivered a weekend surprise that may result in another volatile start in the week ahead.
Source: Kevin Litwicki MBSLIVE
Some Uncertainty at The End of an Otherwise Decent Week
Fed Rate Expectations Have Fully Erased The Tariff Impact (For Now)
The market is constantly making bets on where the Fed Funds Rate will end up for any given moment many months into the future. As such, that rate expectation is constantly changing. It will continue to change, and it will change in different ways for different time frames.
Source: Kevin Litwicki MBSLIVE
Fed Rate Expectations Have Fully Erased The Tariff Impact (For Now)
Rates Move Up After Stronger Economic Data
Whether you refer to it as “strong,” or “not as bad as feared,” this week’s economic reports were better than the market was prepared for. The result is moderately higher rates.
Source: Kevin Litwicki MBSLIVE
Rates Move Up After Stronger Economic Data