The National Association of Realtors’ Existing Home Sales report is the broadest measure of housing market activity. It just hit a 14-year record for the 3rd month in a row.
Source: Kevin Litwicki MBSLIVE
Biggest Housing Boom Since 2006 And The Truth About "All-Time Low" Rates

Rarely does the month of November offer so much activity for the housing and mortgage markets, but it always offers the chance for a year’s worth of home price gains to usher in higher conforming loan limits.
Source: Kevin Litwicki MBSLIVE
New Loan Limits Soon; Refi Fee Confusion; and Rate Volatility

Heading into the presidential election, there were significant risks for mortgage rates and a wide range of potential outcomes. We knew there would be volatility either way, and we were right!
Source: Kevin Litwicki MBSLIVE
Election Week Was a Win For Mortgage Rates

The 2016 election won’t soon be forgotten in the mortgage or bond markets. Many of the predictions were dead wrong when it came to how interest rates would react to a Trump victory, and the reason ended up being very simple in hindsight. Are there any parallels that can help us prepare for the coming week?
Source: Kevin Litwicki MBSLIVE
2016 Reminds Us How Completely Crazy Next Week Could Be For Rates

Another week, another glut of news articles claiming mortgage rates are at all-time lows. Don’t believe them.
Source: Kevin Litwicki MBSLIVE
Don't Believe This Week's Mortgage Rate News. Here's Why

Have you heard the one about “all-time low” mortgage rates? It’s been in the news quite a bit over the past two weeks, but it’s massively misleading. Rates are definitely not at all-time lows, although they’re close in some cases. What’s really going on here?
Source: Kevin Litwicki MBSLIVE
All-Time Low Mortgage Rates? Not Exactly…

The bond market, which drives interest rates, is in the habit of reacting to big developments that impact the economy and inflation. At present, bonds are forced to wait for several such developments, but only one of them might come into focus this month.
Source: Kevin Litwicki MBSLIVE
Interest Rates Increasingly Focused on Stimulus

After weeks of incredibly subdued volatility, the bond market (which dictates rates) is starting to show some signs of life, but not for all of the same old reasons.
Source: Kevin Litwicki MBSLIVE
Rates Ignore Trump's Covid Diagnosis. Has The Bond Market Gone Crazy?

The pandemic has proven to be a powerful source of motivation for the housing market. After grinding to a halt in March and April like the rest of the economy, home sales and prices have bounced back with a vengeance.
Source: Kevin Litwicki MBSLIVE
Stellar Housing Data; Refresher on New Refi Fee

Mortgage rates are most influenced by the bond market and the bond market is most influenced by the Federal Reserve (aka “The Fed”). So when the Fed says it expects rates to be “zero” at least until the end of 2023, does the same go for mortgage rates?
Source: Kevin Litwicki MBSLIVE
Here's What The Fed's 0% Rate Means For Mortgages and Housing