Although there were a few caveats, last week saw one of the biggest jumps in new home construction in more than decade. Now this week’s data shows existing home sales at their highest since 2018, and close to highest levels in more than a decade. Is housing starting to boom again?
Source: Kevin Litwicki MBSLIVE
How Coronavirus is Helping Housing

The last housing boom didn’t end so well for many Americans. That “B” word is being thrown around again at the start of 2020, but things are very different this time around.
Source: Kevin Litwicki MBSLIVE
Is The Housing Market Booming Again?

Things are looking up for the housing market at the start of the new year. Granted, some of the following data pertains to the last few months of 2019, but it nonetheless speaks to a friendly shift that is arguably already well underway.
Source: Kevin Litwicki MBSLIVE
Housing Starting Strong in 2020

Everything’s relative when it comes to mortgage rates. For every homeowner that’s been concerned about a short-term increase in rates, there’s another who’s glad to remind them how high rates used to be.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Start 2020 on Strong Note

A few weeks ago, it was the US/China trade deal. Now it’s impeachment-related news. Does the housing market even care about this stuff?
Source: Kevin Litwicki MBSLIVE
Does Housing Market Care About Impeachment?

Last week, we talked about the many reasons that the importance of the US/China trade relationship could not be overstated. This week’s market movement clearly bore that out. But what are the bigger picture implications–especially for housing?
Source: Kevin Litwicki MBSLIVE
Trade Deal Rocks Markets, But There's a Catch

Certain years gain notoriety in financial markets for various reasons. Sometimes these are massive, individual reasons like 2013, the year of the taper tantrum. Sometimes there are separate themes that pull the market in opposite directions like 2016’s Brexit /Trump election combo that pushed rates massively lower and then massively higher.
Source: Kevin Litwicki MBSLIVE
2019: The Year Of The Trade War

Financial markets remain transfixed by seemingly insignificant updates relating to US/China trade negotiations. This For those who follow markets closely, this can be exasperating at times, but it’s happening for a good reason.
Source: Kevin Litwicki MBSLIVE
Good Times Rolling For Housing; How Long Will It Last?

The past 2 weeks have been fairly exciting in terms of interest rate volatility. This is the perfect environment for seemingly authoritative sources to get it dead wrong when it comes to telling you how rates are moving.
Source: Kevin Litwicki MBSLIVE
Many Credible Sources Are Dead Wrong About Rates

Last week, we discussed a fairly quick move toward LOWER rates. One short week later and we’re forced to discuss an even more abrupt move back toward HIGHER rates. By Friday, the average mortgage lender was quoting the highest rates in more than 3 months, and things could get worse before they get better.
Source: Kevin Litwicki MBSLIVE
Rates at 3-Month Highs and They Could Go Higher