June 18, 2022

Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning

  • Uncategorized

In a year where mortgage rate volatility has been extreme, this week made everything else look tame by comparison.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning

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June 11, 2022

2022 is Already The Worst Year For Rates Since 1979

  • Uncategorized

2022 has already had its fair share of bad news for mortgage rates, but this week was not to be outdone.
Source: Kevin Litwicki MBSLIVE
2022 is Already The Worst Year For Rates Since 1979

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June 3, 2022

Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity

  • Uncategorized

By last Friday, rates had improved so much from recent highs that we were finally able to consider that 2022’s trend had shifted gears from “skyrocketing” to “sideways.” While that possibility can still be entertained, this week’s rates are definitely higher.
Source: Kevin Litwicki MBSLIVE
Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity

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May 27, 2022

Big Shift in Housing Numbers. Scary or Welcome?

  • Uncategorized

Home sales tanked in 2 reports out this week. Inventory improved by the most in a long time. Should we worry? Or is there hope on the horizon?
Source: Kevin Litwicki MBSLIVE
Big Shift in Housing Numbers. Scary or Welcome?

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May 20, 2022

Stocks Are Suffering, But It's Helping Rates Stabilize

  • Uncategorized

In 2015 and 2018, the phrase “global growth concerns” was all the rage. The concept helped explain downward movement in stocks and rates that otherwise didn’t always have an immediate justification. Now in 2022, it’s time to bring it out of retirement.
Source: Kevin Litwicki MBSLIVE
Stocks Are Suffering, But It's Helping Rates Stabilize

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May 13, 2022

Best Week For Rates in Almost 2 Years, But There's a Catch

  • Uncategorized

Mortgage rates have moved higher at the fastest pace in decades so far in 2022, but this week proved to be a refreshing exception. To understand why, we first need to examine the relationship between stocks and bonds, which is a bit more variable than most people assume.
Source: Kevin Litwicki MBSLIVE
Best Week For Rates in Almost 2 Years, But There's a Catch

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May 6, 2022

Why Some Rate Quotes Are So Different And Why "Points" Are On The Rise

  • Uncategorized

It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually risen?
Source: Kevin Litwicki MBSLIVE
Why Some Rate Quotes Are So Different And Why "Points" Are On The Rise

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April 29, 2022

The Fed's Playbook is Already Out For Next Week And Rates Have Already Reacted

  • Uncategorized

The first few months of 2022 have seen rates rise at the fastest pace since the 1980s as a confluence of known issues collided with unexpected volatility due to the war in Ukraine.
Source: Kevin Litwicki MBSLIVE
The Fed's Playbook is Already Out For Next Week And Rates Have Already Reacted

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April 22, 2022

Mortgage Rates Are a Bit Higher (And Way Lower) Than You've Been Told

  • Uncategorized

It’s hard to avoid bad news about rising mortgage rates in 2022, but be careful what you believe.
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Are a Bit Higher (And Way Lower) Than You've Been Told

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April 8, 2022

Why Mortgage Rates Jumped Back Over 5% This Week

  • Uncategorized

By the end of last week, there was a shred of hope that the worst might be over for 2022’s massive rate spike. By Tuesday of this week, however, that hope was shredded.
Source: Kevin Litwicki MBSLIVE
Why Mortgage Rates Jumped Back Over 5% This Week

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Recent Posts

  • Rates May be Falling, But Other Mortgage Costs Are Going Up
  • Lowest Rates in 4 Months, So Why Does Fed Say They're Going Higher?
  • Markets Call The Fed's Bluff After Downbeat Data
  • 2022 Was Rough For Rates and Housing, But 2023 is a Blank Canvas
  • Mixed Signals in Housing Data and Small-Scale Volatility in Rates

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