Sure, we could write a headline that attempts to distill the concept of a big picture struggle between the forces exerting upward pressure on rates and those stepping in to push back in the other direction. Or we could just introduce the “not so fast” line, and let a chart do the talking.
Source: Kevin Litwicki MBSLIVE
Introducing The "Not So Fast" Line
Volatility Has Been High, But Next Week Could Be Worse
Financial market volatility increased noticeably after the emergence of the omicron variant. Last week, that proved to be good for rates and bad for stocks. This week was a different story.
Source: Kevin Litwicki MBSLIVE
Volatility Has Been High, But Next Week Could Be Worse
Should We Be Worried?
Several developments are converging on the global economy and financial markets at the moment. Each brings its own causes for concern. Together, they bring a significant increase in volatility.
Source: Kevin Litwicki MBSLIVE
Should We Be Worried?
New Covid Variant Rocks Markets; New Loan Limits Next Week
Just when it looked like the current week would fizzle out on a negative note for rates, our least favorite market mover is back in the news.
Source: Kevin Litwicki MBSLIVE
New Covid Variant Rocks Markets; New Loan Limits Next Week
Winter is Coming, But That's Good For Rates
Winter is coming, both literally and figuratively. While the fallout remains to be seen, financial markets are already reacting.
Source: Kevin Litwicki MBSLIVE
Winter is Coming, But That's Good For Rates
Mortgage Rates Are Actually Much Higher This Week
Several of the most popular sources for mortgage rate data are way off the mark this week.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Are Actually Much Higher This Week
Why Did Rates Completely Ignore This Week's Bad News?
This week saw the Fed announce a reduction in its bond buying. In separate news, the big jobs report was much stronger than expected. Both of these things events should have pushed rates higher. So why didn’t they?
Source: Kevin Litwicki MBSLIVE
Why Did Rates Completely Ignore This Week's Bad News?
Don't Fear The Taper
For anyone following interest rates very closely in 2013, the taper tantrum is not easily forgotten. It describes the bond market’s knee-jerk response to the realization that the Federal Reserve will be winding down its bond purchase program. With the Fed almost certain to make a similar announcement next Wednesday, should we be scared yet again?
Source: Kevin Litwicki MBSLIVE
Don't Fear The Taper
Highest Rates Since April, But There's a Catch
Over the past 30 days, interest rates have risen sharply. This is true for both mortgage rates and bond market benchmarks like 10yr Treasury yields. But another version of the 10yr Treasury yield continues to operate near all-time lows.
Source: Kevin Litwicki MBSLIVE
Highest Rates Since April, But There's a Catch
Are Rates Doomed to Continue Higher?
After a calm summer at historic lows, mortgage rate volatility has ramped up heading into the fall. What are rates worried about, and is this just the beginning of more drama?
Source: Kevin Litwicki MBSLIVE
Are Rates Doomed to Continue Higher?