Aaron Staufer - Elevations Credit Union

Aaron Staufer - Elevations Credit Union Mortgage Lender, 13 years of helping first-time buyers to property investors
NMLS: 501268

Learn more about me below:

https://www.elevationscu.com/home-lending/mortgage-team/aaron-staufer

06/17/2026

On Team Staufer our love language is Acts of Service, and nothing brings us more joy than serving our members. Here's what one of our members had to say about their experience with us. If you have any friends, family or clients who could use the same level of service, we'd love the opportunity to assist.

06/16/2026

Happy Tuesday!

Each Tuesday, I will be sharing a tidbit about the homebuying process. Today's Tuesday Tidbit is: What is a Loan Estimate?

06/12/2026

Quieter Inflation Centric Week but a HUGE week ahead!

Stats & Market Movers of the Week

Inflation Takes Center Stage (CPI & PPI)
• Mortgage rates ended the week slightly lower
• Markets digested key inflation data amid ongoing Iran conflict & oil disruptions

Headline vs. Core Inflation
• Headline inflation remained hot due to energy prices
• Core inflation showed less spillover from oil than last month
➡️ Encouraging sign that broader price pressures may be stabilizing

PPI – Producer Prices (May)
• Headline PPI: +1.1% MoM (driven by a 23% surge in oil)
• Annual PPI: 6.5% (up from 5.7%)
• Core PPI: +0.4% MoM, 4.9% YoY (unchanged)
➡️ Big move, but energy was the main culprit

CPI – Consumer Prices (May)
• Headline CPI: +0.5% MoM, 4.2% YoY
• Core CPI: +0.2% MoM, 2.9% YoY
➡️ Core inflation came in better than expected
➡️ Less evidence of oil bleeding into everyday goods

Bottom Line
• Energy prices continue to distort headline inflation
• Rates benefited, ending the week slightly lower

Next Week: Fed Takes the Spotlight
Holiday‑shortened week (markets closed Friday for Juneteenth), but important:
On deck:
• First Fed meeting led by new Chair Kevin Warsh
• Summary of Economic Projections released

Key questions:
• Does the Fed show more unity?
• Any shift in how inflation & labor data are measured?
• How concerned is the Fed about oil prices?

➡️ No rate cut expected — but messaging will matter.

06/10/2026

On Team Staufer our love language is Acts of Service, and nothing brings us more joy than serving our members. Here's what one of our members had to say about their experience
with us. If you have any friends, family or clients who could use the same level of service, we'd love the opportunity to assist.

06/09/2026

Happy Tuesday!

Each Tuesday, I will be sharing a tidbit about the homebuying process. Today's Tuesday Tidbit is: What is the Difference between a Hobby Farm and a Working Farm?

06/05/2026

Stats & Market Movers of the Week
• Mortgage rates ended the week slightly higher due to strong jobs data and a fragile Iran ceasefire backdrop

Labor Market Showing “Confounding Resilience”
• Strong headline figures
• Somewhat weak underlying data

JOLTS Report:
• Job openings: jumped from 6.88M → 7.6M (strong)
• Hiring rate: fell from 3.5% → 3.2% (weak)
• Quits rate: dropped to 1.9% (lowest since 2014, very weak)

➡️ Takeaway:
• Plenty of open jobs
• Employers are slow to hire
• Workers lack confidence to switch jobs

Employment Reports: A Split Story

ADP (Private Payrolls):
• +122K jobs (in line with expectations)
• Small businesses led hiring
• Education & health services made up nearly half the gains

➡️ Mixed signal:
• Small business hiring = strength
• Heavy non-economic sector growth = weakness

BLS (Official Jobs Report):
• +172K jobs (blew past 85K expectations)
• Prior months revised up +93K
• Unemployment steady at 4.3%

➡️ Strength across the board

Layoffs Still Elevated
Challenger Job Cuts:
• 97K cuts in May (+16% MoM)
• AI responsible for ~40K layoffs (3rd straight month leading cause)

➡️ Another contradiction:
• Job cuts rising
• Hiring still sluggish

What It All Means
The labor market is sending conflicting signals:
• Strong job growth and rising openings
• But weak hiring pace and low worker confidence
• Small businesses hiring more
• Yet job gains concentrated in sectors less dependent on a strong economy

Next Week: Inflation Focus
On deck:
• Consumer Price Index (CPI)
• Producer Price Index (PPI)

Context:
• Inflation already running hot
• Global tensions adding pressure

➡️ Strap in — it could be a volatile week

06/02/2026

Happy Tuesday!

Each Tuesday, I will be sharing a tidbit about the homebuying process. Today's Tuesday Tidbit is: I just received a Property Tax Bill… Do I pay it?

05/30/2026

Rates on a Rollercoaster: Oil Spikes, Cooling Inflation, and a Market Caught in the Middle

Stats & Market Movers of the Week
Push & Pull: Geopolitics vs. Economic Weakness
• Mortgage rates ended the week roughly flat after a volatile stretch
• Rising geopolitical tension (U.S.–Iran) pushed rates higher early
• Weaker economic data helped pull rates back down

➡️ Competing forces kept rates stuck in the middle

Iran Headlines Move Oil (and Rates)
• Renewed tension pushed oil up ~$2/barrel
➤ Higher oil = higher inflation concerns = rates pressured upward

Later in the week: • Ceasefire optimism + potential reopening of supply routes
• Oil fell back below $90

➡️ Helped stabilize bonds — but no final agreement keeps markets cautious

Economic Data Signals Slowing Growth
GDP (Q1 Revision): • 2.0% → 1.6%
Consumer Health: • Personal savings rate fell to 2.6%
➡️ Underlying demand is softening, a positive for bonds

Inflation Data Brings Some Relief
PCE (Fed’s Favorite Inflation Gauge):
• Core: +0.2% MoM (~2.4% annualized) ✅
• Annual:
➤ Headline: 3.8%
➤ Core: 3.3%
Key nuance:
• A temporary shelter spike (+0.5%) skewed readings higher
• Outside of that, inflation looks more contained
➡️ Helped ease pressure on rates

Housing Market Remains Stable
• Refinance activity remains limited due to elevated rates
• Purchase market still driving activity
Outlook:
• Home prices expected:
➤ +2.5% over 1 year
➤ +14% over 5 years
➡️ Tight inventory continues to support pricing

Bottom Line
Markets are balancing:
• Geopolitical risk (pushing rates higher)
• Slowing growth & cooling inflation (pulling rates lower)
➡️ Result: Rates ended little changed after a volatile week

Next Week: Jobs Front and Center
Key labor data ahead:
• Job openings (JOLTS)
• Private payrolls (ADP)
• BLS jobs report
➡️ Labor market strength (or weakness) will be critical for rate direction

Address

1 Environmental Way
Broomfield, CO
80021

Telephone

+17206527108

Website

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