The tax bill that has been at the center of discussion for the Housing Market was officially signed into law this week. In the days leading up to that, both New and Existing Home Sales surged to post-crisis records. Can the new tax policies coexist with a strong housing market?
Source: Kevin Litwicki Universal Lending
Home Sales Just Crushed Forecasts. Will Taxes Change The Tune?
Fed Hikes Rates. Rates Fall. Here's How That Works
The Federal Reserve (or “The Fed”) hiked rates this week, but mortgage rates fell. Believe it or not, this actually doesn’t violate the rules of the universe.
Source: Kevin Litwicki Universal Lending
Fed Hikes Rates. Rates Fall. Here's How That Works
Inevitable Showdown Finally Arrives
In the wee hours of the morning following election day last year, markets were in a state of complete disarray–especially bond markets (which dictate rates). After a significant improvement initially, rates embarked on their single worst trading day since the 2013 taper tantrum. Bottom lines, rates surged higher. Did they know something back then about where we’d end up today?
Source: Kevin Litwicki Universal Lending
Inevitable Showdown Finally Arrives
Home Sales Blast Off But Rates Take Wildest Ride
Financial markets (or just “stocks and rates,” to be specific) started the week flat, thus leaving spotlight on a stellar home sales report. But by the end of the week, markets stole the show as they reacted to political headlines.
Source: Kevin Litwicki Universal Lending
Home Sales Blast Off But Rates Take Wildest Ride
Home Construction at 2017 Highs as Markets Wait on Tax Reform
Both the Senate and House tax bills leave some homeowner tax incentives on the chopping block. Critics decry the move as a major blow to the housing market. If they’re right, the housing data released this week will soon look like a collector’s item.
Source: Kevin Litwicki Universal Lending
Home Construction at 2017 Highs as Markets Wait on Tax Reform
Senate Fires Back at House Tax Bill–What it Means For Housing And Rates
Last week was dominated by the release and parsing of the GOP tax bill in the House. This week the Senate fired back with its own bill. Stocks and bonds both lost ground in response, but is the tax bill the only scapegoat? Is it even the most important scapegoat?
Source: Kevin Litwicki Universal Lending
Senate Fires Back at House Tax Bill–What it Means For Housing And Rates
Just How Much Could The Tax Plan Affect Housing?
The GOP tax bill dominated news headlines this week, especially after its official announcement on Thursday. The housing industry was quick to judge several of the provisions as having massively negative impacts.
Source: Kevin Litwicki Universal Lending
Just How Much Could The Tax Plan Affect Housing?
Home Sales Lying? And Why Are Rates Flying?
There was a striking disparity in two separate reports on home sales this week. According to one, things are great and look to be firing on all cylinders. According to the other, things are “less upbeat” to put it mildly. Which one is telling the truth?
Source: Kevin Litwicki Universal Lending
Home Sales Lying? And Why Are Rates Flying?
More Than Meets The Eye in Housing and Rates This Week
Some weeks are fairly straightforward with one or two defining moments and clear takeaways in the economic data. This was not one of those weeks!
Source: Kevin Litwicki Universal Lending
More Than Meets The Eye in Housing and Rates This Week
4 Great Reasons Housing Has Room to Run
Rates have been doing more rising than falling recently. Home sales have leveled-off, and we’re entering the slower time of year for the housing market. If you wanted to be pessimistic, you’d have evidence for your case. But how about an opposing argument?
Source: Kevin Litwicki Universal Lending
4 Great Reasons Housing Has Room to Run