This week’s mortgage rates are hard to compare to last week’s. There are two simple reasons for this.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates In Best Territory Since February
Big News For Refi Rates As Adverse Market Fee is Removed
It was big, bad news when it came out last summer. Almost a year later, the 50 basis point “adverse market fee,” which affected a majority of refinance mortgages has been eliminated!
Source: Kevin Litwicki MBSLIVE
Big News For Refi Rates As Adverse Market Fee is Removed
Lowest Rates in More Than 5 Months. What's Next?
This week brought pleasant surprises for the mortgage market as rates returned to levels not seen since February.
Source: Kevin Litwicki MBSLIVE
Lowest Rates in More Than 5 Months. What's Next?
Rates Defy Jobs Report; No New 40yr Loan; Red Hot Home Prices
It’s a holiday weekend and markets will be closed on Monday. Today’s newsletter will be focused on charts (and lighter on prose) so you can go enjoy the holiday weekend.
Source: Kevin Litwicki MBSLIVE
Rates Defy Jobs Report; No New 40yr Loan; Red Hot Home Prices
Mortgage Market's Most Powerful Person Just Got Fired. What Are The Implications?
This week, the Supreme Court ruled the structure of the FHFA was unconstitutional. One day later, Calabria was out and his temporary replacement had been named.
Why does this matter?
Source: Kevin Litwicki MBSLIVE
Mortgage Market's Most Powerful Person Just Got Fired. What Are The Implications?
Making Sense of This Week's Fed Drama
The Fed released a new scheduled policy announcement this week as well as updated economic projections. Relative chaos ensued. Let’s talk about why and what it means going forward.
Source: Kevin Litwicki MBSLIVE
Making Sense of This Week's Fed Drama
One of The Biggest Paradoxes You'll Ever See For Mortgage Rates
No, this isn’t one of those click-bait headlines that promise to share “one weird trick” or proclaim “you’ll never believe what happened next.” Well, actually, some people might have a hard time believing this one.
Source: Kevin Litwicki MBSLIVE
One of The Biggest Paradoxes You'll Ever See For Mortgage Rates
What This Week's Jobs Report Means For Rates
All eyes were on the big jobs report this week. Traders were anxious to see if it would be strong enough to accelerate the timeline for key policy changes that would greatly impact rates.
Source: Kevin Litwicki MBSLIVE
What This Week's Jobs Report Means For Rates
Highest Inflation in Decades, But Housing Has a Bigger Problem
Inflation is bad for interest rates and it’s at the highest levels in decades. But the housing market has a far bigger problem.
Source: Kevin Litwicki MBSLIVE
Highest Inflation in Decades, But Housing Has a Bigger Problem
What Are Rates and Housing Worried About?
In the past 2 weeks, there’s been big news about inflation and seemingly big news about Fed policy. Both are threats to low interest rates, but not just yet, apparently.
Source: Kevin Litwicki MBSLIVE
What Are Rates and Housing Worried About?