Patrick Jackson- Loan Officer, NMLS 1998135

Patrick Jackson- Loan Officer, NMLS 1998135 Patrick Jackson is a Loan Officer at New American Funding in Central Oregon and California

Licensed by The Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act

06/11/2026

Next week will be the first Fed Meeting for new Fed Chair Warsh - with war heating back up with Iran, inflation on the rise, and the job market seemingly strong, what direction will the Fed go?

06/04/2026

This week as the markets continue to be focused on news out of the Middle East, reports coming out on the US economy are a mixed bag. The labor market seems to be off it's lows, but the American consumer is struggling with serious delinquencies spiking.

05/28/2026

As the conflict with Iran reaches it's third month, the US economy has started to show signs of slowdown with the most current GDP numbers lower than expected. Will that wake the Fed up? Also this week we go over a mixed bag of home sales and appreciation data to see how that housing market is holding up.

05/14/2026

With the war with Iran still ongoing, this week's inflation reports spooked the markets as they both came in higher than the already high expectations. With the chances of a peace deal reportedly on life support, what will that mean for mortgage rates?

05/07/2026

This week is jobs week, when all the important monthly job reports are released that can have an effect on the markets and mortgage rates. However, news coming out of the war continues to overshadow important market data.

04/30/2026

The Fed ended their most recent meeting yesterday, and once again decided to keep their Fed Rate the same as was expected by the markets. WIth the war in Iran dragging on and inflation staying elevated, hopes for a rate cut anytime soon are fading.

04/16/2026

This week, the market's optimism in the war with Iran coming to a conclusion in the near future grew and stocks and bonds recovered some of their losses. However, a new report from the University of Michigan shows that our confidence in the economy as consumers hit an all time low.

04/09/2026

Over the last week, the markets received two very important reports - the BLS Jobs report and the PCE Inflation report. In a normal market, that would have been the focus, however the war with Iran continues to distract from the data. Will the most recent ceasefire settle things down, or will the volatility continue?

03/26/2026

Mortgage rates hit a new 2026 high this week as the war with Iran continued to cause volatility in the markets. Any hope for rates coming back down is directly connected to a peace deal being made sooner rather than later.

03/19/2026

It was another week of volatility in the markets, as an escalation in the war in Middle East continued to dominate the headlines. On top of that, we had the most recent Fed announcement, some hotter than expected producer inflation, and some New/Pending Home sales data to digest.

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51473 Highway 97 Suite B
La Pine, OR
97739

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