Rates pulled back a bit this past week as some economic news started rolling in. There was a decline in job openings and fewer folks leaving their jobs. Unemployment also ticked up last week from 3.5% to 3.8%.

In this week’s update, we discuss the fall-out from Jerome Powell’s commentary last week at the Jackson Hole Symposium. Additionally, we try to take the rose-colored glasses off and look at what might be happening to the jobs market here in the US. Here in Ohio, OHFA updated their purchase price limits, bumping up them up considerably.

Why are mortgage rates continuing to press higher and higher? We are also seeing insurance rates get more expensive. What gives? We hope by Friday we understand a bit more about what's on Jerome Powell's mind when he speaks at Jackson Hole.

Inflation is starting to come down, especially core CPI. But why did rates actually go up a bit last week? We detail what drove rates higher along with some specifics on how artificial intelligence may be changing the realtor game sooner than we all think.

In this week's report, we discuss the challenges faced last week with in the bond market based on a flurry of positive economic reports coupled with the US Treasury increasing their need to borrow more. We saw some relief at the end of the week with a cooler-than-expected jobs report. CPI reports this week.

This week, we discuss the impact from the Federal Reserve's meeting last Wednesday and the offsetting effects from Thursday's big economic news day. Where did rates end up by the end of the week? Also, we provide a valuable resource for realtors to answer the top 10 most asked mortgage questions from homebuyers.

This week, we discuss the big Federal Reserve meeting this Wednesday. All indicators point to a rate hike of 25BPS but what will they say about future rate hikes? All eyes and ears will be tuned in Wednesday afternoon.

This week we discuss the inflation metrics released last week and the resulting implications to mortgage rates. Is the next leg down going to be easy? The Fed’s target inflation rate is 2.0%, but is there a path to get there quickly? We also share details to help our realtor partners crush their next open house.

This week we aren’t sugar coating anything. We discuss the rate environment and the factors that sent rates higher last week. Additionally, we discuss what to expect this week as major data points are released.

This week we discuss what caused rates to push higher last week. Also, could student loans be the reason inflation actually comes down? Lastly, we share 7 gems that real estate agents can leverage to help build credibility in the luxury real estate market.