It was a week for paradoxes on several fronts, most notably when mortgage rates moved lower just after the Fed floated the idea of an even bigger hike.
Source: Kevin Litwicki MBSLIVE
Fed Talking About Big Rate Hikes, But Mortgage Rates Moved Lower

No one is intentionally lying to you, but there’s some serious misinformation potential in this week’s mortgage news. The following explains everything.
Source: Kevin Litwicki MBSLIVE
Don't Trust This Week's Mortgage Rate Headlines! (Except This One)

Mortgage rates have been volatile in 2022. Most of that volatility has played out in the form of higher rates. The past 2 weeks have been a notable exception.
Source: Kevin Litwicki MBSLIVE
Rates Plummet to 3 Week Lows. Has The Corner Been Turned?

In 2020 and 2021, housing boomed and rates plummeted at a pace that many considered to be unsustainable. 2022’s role is to take things back in the other direction.
Source: Kevin Litwicki MBSLIVE
Housing is Normalizing, Not Dying; Nice Rate Rebound After Last Week's Rout

In a year where mortgage rate volatility has been extreme, this week made everything else look tame by comparison.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning

2022 has already had its fair share of bad news for mortgage rates, but this week was not to be outdone.
Source: Kevin Litwicki MBSLIVE
2022 is Already The Worst Year For Rates Since 1979

By last Friday, rates had improved so much from recent highs that we were finally able to consider that 2022’s trend had shifted gears from “skyrocketing” to “sideways.” While that possibility can still be entertained, this week’s rates are definitely higher.
Source: Kevin Litwicki MBSLIVE
Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity

Home sales tanked in 2 reports out this week. Inventory improved by the most in a long time. Should we worry? Or is there hope on the horizon?
Source: Kevin Litwicki MBSLIVE
Big Shift in Housing Numbers. Scary or Welcome?

In 2015 and 2018, the phrase “global growth concerns” was all the rage. The concept helped explain downward movement in stocks and rates that otherwise didn’t always have an immediate justification. Now in 2022, it’s time to bring it out of retirement.
Source: Kevin Litwicki MBSLIVE
Stocks Are Suffering, But It's Helping Rates Stabilize

Mortgage rates have moved higher at the fastest pace in decades so far in 2022, but this week proved to be a refreshing exception. To understand why, we first need to examine the relationship between stocks and bonds, which is a bit more variable than most people assume.
Source: Kevin Litwicki MBSLIVE
Best Week For Rates in Almost 2 Years, But There's a Catch