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Dive into a collection of past Market Updates
🍵 Market Update 03/02 │ Mortgage Rates at 5.99%, Purchase Apps Slip

Mar 2, 2026

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7 min read

🍵 Market Update 03/02 │ Mortgage Rates at 5.99%, Purchase Apps Slip

Mortgage rates held at 5.99% last week while national purchase apps slipped 4.7%. Central Ohio Pendings jumped 24.29% WoW, a promising sign for Columbus!

Jim Ross
Jim Ross
🍵 Market Update 02/23 │ GDP Growth Falls to 1.4%, IEEPA Tariffs Ruled Illegal

Feb 23, 2026

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9 min read

🍵 Market Update 02/23 │ GDP Growth Falls to 1.4%, IEEPA Tariffs Ruled Illegal

Last week, Q4 GDP slowed sharply to 1.4%, and the Supreme Court struck down key tariffs under IEEPA, adding fresh uncertainty to trade policy and rate expectations.

Jim Ross
Jim Ross
🍵 Market Update 02/16 │ CPI Cools, Rates Fall, Local Inventory Tightens

Feb 16, 2026

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8 min read

🍵 Market Update 02/16 │ CPI Cools, Rates Fall, Local Inventory Tightens

Last week, inflation cooled to 2.4%, mortgage rates fell to 6.04%, and Central Ohio inventory has now declined six straight weeks, tightening local supply heading into spring.

Jim Ross
Jim Ross
🍵 Market Update 02/09 │ Jobs Growth Slows, Purchase Apps Drop 14%

Feb 9, 2026

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8 min read

🍵 Market Update 02/09 │ Jobs Growth Slows, Purchase Apps Drop 14%

Softer labor data and storm-related disruptions pushed mortgage purchase applications ⬇️ 14.4% WoW, even as rates edged lower.

Jim Ross
Jim Ross
🍵 Market Update 02/02 │ Fed Holds Rates as Warsh Nomination Shifts Outlook

Feb 2, 2026

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7 min read

🍵 Market Update 02/02 │ Fed Holds Rates as Warsh Nomination Shifts Outlook

The Fed held rates steady, markets pushed near-term cuts further out, and Trump’s nomination of Kevin Warsh added a new variable to the long-term rate outlook.

Jim Ross
Jim Ross
🍵 Market Update 01/26 │ Mortgage Volatility Returns, Trump/Davos Recap

Jan 26, 2026

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6 min read

🍵 Market Update 01/26 │ Mortgage Volatility Returns, Trump/Davos Recap

Mortgage rates jumped after the holiday and then stalled, while new policy signals from Trump’s Davos speech added volatility without resolving the underlying supply and affordability pressures.

Jim Ross
Jim Ross
🍵 Market Update 01/20 │ Inflation Update, Fed 'Beige Book' Released

Jan 20, 2026

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8 min read

🍵 Market Update 01/20 │ Inflation Update, Fed 'Beige Book' Released

December CPI capped rate relief, the Beige Book pointed to modest growth, and Fed speakers signaled patience as housing demand responded quickly to lower rates.

Jim Ross
Jim Ross
🍵 Market Update 01/12 │ Rates hit lowest level in 3yrs; Trump Tweet Recap

Jan 12, 2026

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11 min read

🍵 Market Update 01/12 │ Rates hit lowest level in 3yrs; Trump Tweet Recap

Mortgage rates briefly hit 5.99%, the lowest level in about three years, as markets reacted to Trump’s affordability tweets and policy expectations.

Jim Ross
Jim Ross
🍵 Market Update 01/05 │ Mortgage Rates Hit 15-Month Low & 2025 in Review

Jan 5, 2026

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9 min read

🍵 Market Update 01/05 │ Mortgage Rates Hit 15-Month Low & 2025 in Review

Mortgage rates fell to cycle lows while buyer activity held steady, setting a cautiously optimistic backdrop heading into mid-January.

Jim Ross
Jim Ross
🍵 Market Update 12/29 │ Surprising GPD Report & Rates Ease Into Year-end

Dec 29, 2025

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9 min read

🍵 Market Update 12/29 │ Surprising GPD Report & Rates Ease Into Year-end

Strong GDP growth met easing mortgage rates and rising inventory, leaving housing caught between better demand signals and stubborn affordability.

Jim Ross
Jim Ross
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