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

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?

A weak jobs report is usually great news for mortgage rates, but nothing could be farther from the truth this week!
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Much Higher Despite Weaker Jobs Data

The conforming loan limit is set by the Federal Housing Finance Agency (FHFA). Mortgages under that amount generally have the lowest effective rates, and in some cases are easier to qualify for. With prices appreciating rapidly in the past year, a big increase in the loan limit would be big news.
Source: Kevin Litwicki MBSLIVE
Mortgage Limits Have NOT Changed (Yet)

As recently as Thursday, there was widespread coverage suggesting mortgage rates had only risen modestly this week with 30yr fixed rates still well under 3.00%. So who’s lying to you?
Source: Kevin Litwicki MBSLIVE
Who's Lying About The Spike in Mortgage Rates?

Mortgage rates ended the week at the highest levels in roughly 2 months as investors moved to the sidelines ahead of next week’s Fed announcement.
Source: Kevin Litwicki MBSLIVE
Rates at 2-Month Highs; Big Changes For Investor/2nd Home Loans

Rates are dictated by the bond market and bonds are flashing a warning sign about volatility on the horizon.
Source: Kevin Litwicki MBSLIVE
Rate Reckoning Draws Closer

It was a busy week for economic data with several reports that were pertinent to the housing market. In addition to being the perennial top dog among economic reports, this Friday’s jobs report was especially important due to its role in the Federal Reserve’s decision-making process.
Source: Kevin Litwicki MBSLIVE
Soaring Prices, Slumping Sales, And An Unexpected Reaction to The Jobs Report

Rates are on hold until the next chapter is written in the complex saga of covid versus the market.
Source: Kevin Litwicki MBSLIVE
Rates, Housing, Stuck In The Middle For Now

Mortgage rates bounced at 6 month lows early last week and moved higher at a faster-than-normal pace through the middle of this week. They’ve been slow to recover, but Friday went a long way toward solidifying the short-term ceiling.
Source: Kevin Litwicki MBSLIVE
Rates Recover After Bumpy Week; Realtors See Prices Moderating