2020’s mortgage rate reality made it easy to get lulled into a false sense of security. Now it’s time to wake up.
Source: Kevin Litwicki MBSLIVE
Time to Wake Up To The New Mortgage Rate Reality

There’s an obvious trend toward higher rates as far as Treasury yields are concerned. Treasury yields and mortgage rates historically correlate quite well, but mortgage rates have almost completely ignored that correlation recently. What gives? And when will things change?
Source: Kevin Litwicki MBSLIVE
When Will The Mortgage Market Actually Care About Rising Rates?

The big jobs report painted a bleak picture for the labor market recovery. That’s normally something that interest rates would love to see, but they continued higher this week.
Source: Kevin Litwicki MBSLIVE
Rates Under Pressure Despite Weak Jobs Report

Source: Kevin Litwicki MBSLIVE
Rising Rate Risks Returning

While it wasn’t quite the biggest surprise of 2020, the strength of the housing market was one of the best. The just-released numbers for December keep the good times rolling.
Source: Kevin Litwicki MBSLIVE
More Stellar Housing Numbers. How Long Can They Last?

It was easy to get lulled into complacency by the second half of 2020 when it came to mortgage rates. Even as other indicators said rates should be rising, they continued on a calm journey to multiple record lows. 2021 has been very different so far!
Source: Kevin Litwicki MBSLIVE
Refi Demand Surges as Mortgage Volatility Comes Roaring Back

While it might not seem like the sort of thing mortgage rates should care about, the senate run-off election in Georgia was by far and away this week’s most important event, sending rates quickly higher. Will this mark a big-picture shift away from record lows?
Source: Kevin Litwicki MBSLIVE
Have We Seen The End of Record Low Rates?

It’s a busy time of year on a busier-than-normal year, so I’ll keep this short. Those interested in more detail can click through the links.
Source: Kevin Litwicki MBSLIVE
Mostly Charts And Quick Takes on Housing and Rates

Rates can seemingly do no wrong, but that won’t be the case forever, and we may already be seeing signs of a shift.
Source: Kevin Litwicki MBSLIVE
Time To Think About Mortgage Rate Complacency (Before It's Too Late)

Mortgage loans have a certain value to investors, and when those values change, so do the rates offered by mortgage lenders. This is basically a hard and fast rule. But it’s completely out the window right now. And that’s a good thing this week.
Source: Kevin Litwicki MBSLIVE
Mortgage Rate Rules Are Completely Out The Window