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Dive into a collection of past Market Updates
🍵 Market Update 06/15 │ US-Iran Deal Reopens Hormuz, Oil Falls, Rates Slip as Inflation Runs Hot

Jun 15, 2026

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5 min read

🍵 Market Update 06/15 │ US-Iran Deal Reopens Hormuz, Oil Falls, Rates Slip as Inflation Runs Hot

The US and Iran struck a deal to reopen the Strait of Hormuz, oil is falling, and that matters more for your mortgage rate than the 3-year-high inflation print that landed last week.

Jim Ross
Jim Ross
🍵 Market Update 06/08 │ Hot Jobs Report Lifts Rates, Sellers Pull Listings at Fastest Pace Since 2020

Jun 8, 2026

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4 min read

🍵 Market Update 06/08 │ Hot Jobs Report Lifts Rates, Sellers Pull Listings at Fastest Pace Since 2020

Payrolls blew past expectations, the 30-year fixed climbed to 6.66%, and frustrated sellers are walking away from the spring market.

Jim Ross
Jim Ross
🍵 Market Update 06/01 │ Hot PCE, Rates Fall Anyway, December Hike on the Table

Jun 1, 2026

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4 min read

🍵 Market Update 06/01 │ Hot PCE, Rates Fall Anyway, December Hike on the Table

April inflation hit a three-year high, but rates fell anyway as oil pulled back on Iran ceasefire hopes, and for the first time in a while markets are pricing a Fed hike instead of a cut.

Jim Ross
Jim Ross
🍵 Market Update 05/25 │ Rate Cuts Off the Table After Hawkish Fed Minutes

May 25, 2026

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4 min read

🍵 Market Update 05/25 │ Rate Cuts Off the Table After Hawkish Fed Minutes

Warsh is sworn in, the April FOMC minutes go hawkish, and the market is now pricing a possible hike instead of a cut.

Jim Ross
Jim Ross
🍵 Market Update 05/18 │ Inflation Runs Hot, Rates Push Higher, New Fed Chair Confirmed

May 18, 2026

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6 min read

🍵 Market Update 05/18 │ Inflation Runs Hot, Rates Push Higher, New Fed Chair Confirmed

Inflation came in hot on both CPI and PPI, the rate-hike conversation is back, and mortgage rates ended the week at 6.65%

Jim Ross
Jim Ross
🍵 Market Update 05/11 │ Jobs Beat Doesn't Move Rates, Sentiment Hits Record Low

May 11, 2026

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5 min read

🍵 Market Update 05/11 │ Jobs Beat Doesn't Move Rates, Sentiment Hits Record Low

April payrolls came in nearly double expectations and bonds barely flinched, while consumer sentiment hit the lowest reading on record since 1952.

Jim Ross
Jim Ross
🍵 Market Update 05/04 │ Historic Fed Split, Q1 Inflation Hits 4.5%, Rates Climb

May 4, 2026

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4 min read

🍵 Market Update 05/04 │ Historic Fed Split, Q1 Inflation Hits 4.5%, Rates Climb

The Fed held rates with the most dissents since 1992, hot Q1 PCE shut the door on a June cut, and Central Ohio inventory pushes to 4,000 homes.

Jim Ross
Jim Ross
🍵 Market Update 04/27 │ Iran War Pins Rates, Consumer Sentiment Hits Record Low

Apr 27, 2026

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5 min read

🍵 Market Update 04/27 │ Iran War Pins Rates, Consumer Sentiment Hits Record Low

The Iran war kept mortgage rates locked in a 3 bp range last week while consumer sentiment crashed to the lowest reading on record.

Jim Ross
Jim Ross
🍵 Market Update 04/20 │ PPI Comes In Soft, Rates Hit 4-Week Low, Builder Sentiment Hits 6-Month Low

Apr 20, 2026

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5 min read

🍵 Market Update 04/20 │ PPI Comes In Soft, Rates Hit 4-Week Low, Builder Sentiment Hits 6-Month Low

A soft PPI print and a Middle East ceasefire sent bond yields lower and mortgage rates to 6.29%, while NAHB sentiment collapsed on economic uncertainty.

Jim Ross
Jim Ross
🍵 Market Update 04/13 │ Iran Blockade Reverses Rate Relief, March CPI Hits 3.3%

Apr 13, 2026

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9 min read

🍵 Market Update 04/13 │ Iran Blockade Reverses Rate Relief, March CPI Hits 3.3%

Five days of lower rates just hit a wall. Here's what the Hormuz blockade, March CPI, and the FOMC minutes mean for the spring market.

Jim Ross
Jim Ross
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