09/02/2026
Remember a couple weeks ago when we were talking about inflation and wondering what the Fed might do next?
Well...That took a turn. After last week's Jackson Hole meeting, markets are now putting a much higher probability on the possibility of the Fed raising rates in September.
And mortgage rates? Let's just say they're paying attention to all of this too. So if you're sitting there thinking... "Wait... I thought rates were supposed to come DOWN?"
You're not alone. The mortgage market doesn't exactly follow a straight line. There are jobs reports, inflation numbers, Treasury yields, Fed decisions, global events... and multiple other things that can make rates move.
The good news? You don't have to become a full-time economist to buy a house. That's my job! If you're thinking about buying, let's talk about your numbers, your budget and your goals instead of trying to predict what the market is going to do next.
Because apparently, even the people watching the market for a living don't have a crystal ball.