Ruoff Mortgage- Louisville Branch

01/25/2025

Can Trump Actually Force Rates to Move Lower?

Can Trump Actually Force Rates to Move Lower? Yes, but not immediately, not the way

01/18/2025

Rates Recover After Tame Inflation Data

Last week's big to-do was the jobs report, which sent rates sharply higher. This week's inflation data had a chance to add fuel to that fire or put it out.

01/03/2025

"Mortgage Rates' Holiday Break Ends With Next Week's Economic Data "

Even as most of the world has spent the past two days thinking or saying "I can't believe it's 2025 already," mortgage rates won't get back from vacation until next week.

12/27/2024

Let's Try Something New For 2025

"So long 2024. Don't let the door hit ya!" Or... "another year closer to turning a longer-term corner in the housing market." For better or worse, 2024 was a lot more like 2023 than most housing/mortgage pros were expecting.

12/20/2024

Once Again, Mortgage Rates Shoot Higher After a Fed Rate Cut

Last week's newsletter closed with: "If anything on Fed day ends up having an impact on mortgage rates, it would have to be changes in the Fed's rate outlook and/or comments from Fed Chair Powell during the press conference that follows the rate announcement." There were certainly some changes!

12/14/2024

Fed Will Cut Next Week, But They're Not Cutting Mortgage Rates

Back in September, we spent several weeks warning about the possibility that mortgage rates could rise even as people were waiting for the Fed to cut. This time around, the set-up is a bit different, but caveats remain.

11/23/2024

Rates and Housing Back in The Waiting Game
http://housingnewsletters.com/chrisdemuth/6741122d1163134e9844ef40

11/15/2024

Are Rates Done Freaking Out Yet?

Mortgage rates bounced hard off the long term lows back in September and had jumped almost a full percent by last week. In addition to the elevated levels, there's been plenty of volatility as well. Despite ongoing volatility, rates managed to avoid breaking last week's ceiling--even if only just. D...

11/11/2024

A Veteran is someone, who at one point in their life, wrote a blank check payable to the United States of America for an amount up to, and including, their life. That is beyond honor. Thanks to all of the Veterans and their families for their service. 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

11/08/2024

How The Election and The Fed Impacted Rates

Over the past month, the dominant narrative was that rates were moving higher in concert with the odds of a Trump victory. Election night proved that narrative and also proved that rates were already largely in position for the outcome.

11/01/2024

Rates Refuse to Drop Ahead of Election. How About After?

This newsletter strictly avoids politics except in cases where the political realm legitimately intersects with relevant events for housing and rates. Now is clearly one of those times. The discussion that follows contains no opinion or partisan leaning.

10/25/2024

November Volatility Shows Up Early And Next Week Could Be Even Crazier

Last week's newsletter warned that it was time to start thinking about incredibly high volatility potential due to events in the first few days of November. But as far as interest rates are concerned, the volatility is already here.