After the abrupt rise in May and June, mortgage rates have enjoyed an extended period of low volatility and consistent improvement. In fact, by October 27th, the average lender was quoting their best rates in 6 months. Why then, did they wind up at 4-month highs less than 2 weeks later?
Source: Kevin Litwicki Universal Lending
Why Are Rates Suddenly at 4-Month Highs?

Last week’s newsletter focused on the discrepancies between the mainstream mortgage rate news and the real day to day changes that it fails to capture. Specifically, by the end of last week, rates moved quite a bit higher than the mainstream reports were able to convey.
Source: Kevin Litwicki Universal Lending
No Reprieve For Mortgage Rates as Fed Doubles Down