The September jobs report was released on Friday and it blew the doors off expectations. Sadly, that's not a good thing for mortgage rates as the Fed likely hikes another 25bps this year. Rates aren't coming down any time soon. Fannie Mae also released new down payment guidelines on multi-unit properties.

Last week, the US narrowly avoided a government shutdown after a last-minute vote to extend government funding for 45 days. The looming shutdown will rear it's ugly head mid November, just in time for the holidays. Mortgage rates are creeping past 23 year record highs but we give you some advice on how to help buyers with 2-1 Temporary Buydowns.

Today we discuss the true takeaway from the Fed’s meeting last week (hint : it wasn’t the fact they paused hikes again). We also talk about the goal of the CFPB to remove medical collections from credit reports. Lastly, we share 8 books that realtors need to read ASAP!

It’s the same story of late : inflation continues to remain very sticky. We discuss were the August CPI data landed and what to expect from this week’s Fed meeting. Will we see another 0.25% bump on the Fed Funds Rate? Second homes also appear to be in freefall mode.

Huge report today covering this week's expectations on Wednesday's CPI data for August, the beginning of a consumer credit cycle that could bring down inflation, a move by FHA to help borrowers out and a valuable document Kreg and I put together covering FHA/VA appraisals. You don't want to miss it!

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.