OHFA Rate Sale Comes and Goes
Mortgage rates just hit an average of 6.66% — and the reason has nothing to do with the Fed. A ticking clock is quietly invalidating pre-approval letters for millions of buyers, and most agents have no idea it's coming. Plus, we witnessed pure market chaos firsthand last week, and what it revealed about pent-up demand will blow your mind.
Real Estate & Mortgage Have Changed Forever
The real estate industry isn't slowing down. It's being restructured from the top down, and the companies doing it are spending billions to reach your clients before you do. If you work in real estate, mortgage, or title, this one is worth your full attention.
The Mortgage Game Just Changed for 33 Million Americans
Jerome Powell rides off into the sunset this week after eight years steering the most consequential Fed tenure for housing in our lifetime — and his replacement is already signaling rates aren't coming down anytime soon. Meanwhile, the mortgage game just changed for 33 million Americans overnight, but the fine print is something every buyer and agent needs to understand before getting too excited. This week's newsletter breaks down what all of it actually means for your clients, your pipeline, and the road ahead.
Psychological Freeze is in Full Effect 🥶
The Iran ceasefire news briefly sent rates dropping, then unraveled the rest of the week. Inflation spiked to 3.3%, a Fed rate cut is off the table, and buyer confidence is hanging by a thread, but the window of opportunity in this market is still open for the agents and lenders willing to lead. And if you're in Columbus, this week we explain exactly why the national spotlight just landed on your market and what you should be doing about it right now.
While You Were Distracted, America Went Bankrupt
If your household had $8,500 in assets and $67,000 in debt, your banker would laugh you out of the building. That's basically America's financial situation right now, and this week we connect the dots between government insolvency and what it means for housing. Oh, and buckle up because this week's economic calendar might be the most consequential one of the year for mortgage rates.
Is the Government Cracking the Code to Housing Affordability?!
Mortgage rates just hit their highest level of the year and the culprit has nothing to do with the Fed, the jobs report, or inflation. The Senate also passed the biggest housing bill in decades this week, and we break down what's actually in it and whether it'll move the needle. Plus, the proposal to ban corporate investors from buying homes sounds great on paper, but the math tells a different story.
Could Iran Chaos Lead to Mortgage Rates Going ⬇️ or ⬆️?
Global chaos keeps breaking over weekends and almost like clockwork, markets react when the dust settles Monday morning. Historically, geopolitical conflict has nudged mortgage rates lower as investors flee to safety, but this time oil and inflation could flip that script fast. Meanwhile, industry consolidation and a surprise dip below 6% are reshaping the housing landscape in ways buyers can’t afford to ignore.
Trump Picks New Fed Chair! So Mortgage Rates Dropped, Right?!
Markets just got a reality check: Trump’s Fed Chair pick didn’t send rates lower—it pushed them higher, reminding us that expectations matter more than headlines. At the same time, gold and silver are flashing historic warning signs that investors are nervous about inflation, debt, and the long-term value of the dollar.