By some measures, housing and mortgage markets took a turn for the worse in 2018. Some of the weakness can be thought of in a positive light (i.e. housing "catching its breath" after a strong run). But the rest of…
The last 2 months of 2018 marked a solid run for mortgage rates. December was particularly good, with rates falling at the fastest pace in at least at least 4 years. Balance that against the fact that early November saw…
Brace yourself. There's a lot to unpack this week. When it comes to factors affecting home sales, rates, and markets in general, we've rarely seen such a combination of complexity, uncertainty, and unpredictability. Home Sales Shocker After being delayed for…
This week's biggest housing-related headline was the drop to a 3-year low in Existing Home Sales. This is just the latest in a series of reports that suggests housing has turned some sort of scary corner. But drawing the line between…
Interest rates have enjoyed several months of prosperity without any major bounce back toward higher levels, but that might be changing as of this week. Could this be the last time we see rates this low for a while? The…
2018 has been an interesting year to say the least. Stocks hit all-time highs and are now in the midst of their worst month on record in terms of outright losses. Rates hit their highest levels in at least 7…
Last week we discussed the possibility of mortgage rates continuing to fall despite the near certainty of this week's Fed rate hike. That's exactly what happened, but it was the move in stocks that got the most attention--not a surprising…
Last week, we discussed a surprising spike in market volatility. Fortunately, one of the volatile moves involved interest rates dropping to their lowest levels since September. This week has been quite different. The volatility is gone. Rates have bounced modestly…
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