This week’s newsletter is all about context when it comes to economic data and market movement. One point of view may provide a clear takeaway while zooming out completely changes the picture.
Source: Kevin Litwicki MBSLIVE
Best Month For Home Price Gains in Over a Year, But Context Matters

Mortgage rates pulled back this week as the bond market digested geopolitical tension. Tuesday morning was the worst of it, and the rest of the week was marked by gradual de-escalation.
Source: Kevin Litwicki MBSLIVE
Tougher Week For Rates, But Mortgage Apps Soar to 3 Year High

First thing’s first: if we take the last 5 days out of the equation, today’s mortgage rates are still the lowest since early 2023. But they spent most of those last 5 days moving up from even lower levels.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Actually Moved a Bit Higher This Week, But Remain Near Multi-Year Lows

A shocking announcement by the President sent mortgage rates to 3 year lows this week.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Back in The 5's. Here's Why