It was an eventful week for mortgage rates and the bond market, but ultimately a decent one. Monday’s rates matched the highest levels in nearly a year, but by Friday, we were actually just a hair lower versus last Friday. Here’s how we got there.
Source: Kevin Litwicki MBSLIVE
Rates Caught a Big Break From This Week's Inflation Reports
Oil and Rates Giving Their Relationship Another Shot
For 3 months, they were almost inseparable. Then in June, they went their separate ways. Now oil and rates are back together following the end of the U.S./Iran ceasefire.
Source: Kevin Litwicki MBSLIVE
Oil and Rates Giving Their Relationship Another Shot
Rates Remain Elevated "Just Because," But Still Under Recent Highs
Last week’s newsletter flagged an uncommonly high level of quarter-end trading volatility as a key contributor to a surprise mid-week rate spike. We got another dose of that drama this week, but things calmed down by the end.
Source: Kevin Litwicki MBSLIVE
Rates Remain Elevated "Just Because," But Still Under Recent Highs