First there was “Grexit” and now there’s “Brexit.” What do these terms mean and why have they had such a huge impact on interest rates around the world?
Source: Kevin Litwicki Universal Lending
What's Brexit and Why Should You Care?

Despite strength in Stocks and oil, mortgage rates have surged back to 3-year lows as the Fed rate hike outlook grows dimmer. Could we see new all-time low rates any time soon and what would that mean for refi demand?
Source: Kevin Litwicki Universal Lending
Are We On Our Way Back to All-Time Low Rates?

Last week was all about strong housing data. This week has been all about rates. Thanks to Friday’s awful jobs report, and a few supporting actors, rates are back in line with Mid-May levels!
Source: Kevin Litwicki Universal Lending
Rates Surge Lower After Massively Weak Jobs Report

After beginning the week on shaky footing thanks to recently higher rates, the housing market was treated to great news in the form of strong reports on home sales and prices. Rates even calmed down over the course of the week, but threats remain as June’s Fed meeting approaches
Source: Kevin Litwicki Universal Lending
Stellar Housing Data This Week and a Break From Mortgage Rate Volatility

Mortgage rates and broader financial markets gyrated this week after the Fed took a moment to set the record straight. But this week’s volatility is nothing compared to the bigger picture.
Source: Kevin Litwicki Universal Lending
Rates Panic After Fed Minutes, But Bigger Challenges Await

This week brings widespread news of mortgage rates at 3-year lows. Is it true? Yes and no… More importantly, where do we go from here?
Source: Kevin Litwicki Universal Lending
The Real Story Behind Rates at 3-Year Lows

After catching a break following last week’s Fed Announcement, rates managed to confirm the positive momentum this week. Weaker economic data helped, but perhaps not as much as the bigger picture concerns conveyed by falling stock prices. Meanwhile, home prices continue defying gravity.
Source: Kevin Litwicki Universal Lending
Rates Could Still Go Lower, But With a Price

Financial market volatility is starting to increase in a noticeable way as we approach the middle of the year without a Fed rate hike in sight. This week’s Fed Announcement helped rates regain much of the ground lost last week. Meanwhile, housing data is mixed–generally in good shape long term, but with some shorter-term signs of slowing.
Source: Kevin Litwicki Universal Lending
Fed Helps Rates Recover; Housing Data Mixed

There has been a lot of economic data to digest this week and plenty of movement in financial markets. The news is decidedly mixed for the housing/mortgage market.
Source: Kevin Litwicki Universal Lending
Big Spike in Mortgage Rates and Big Changes in Housing Data

Interest rates tend to move in the same direction as stock prices, or so age-old wisdom would have you believe. It’s actually more complicated than a simple “if/then.” In fact, the following long term chart of the Dow and the 10yr yield make it look like the opposite is true!
Source: Kevin Litwicki Universal Lending
Earnings Season Threatening Interest Rate Rally