Recent Newsletters from George Rodgers http://housingnewsletters.com/georgerodgers/rss Since March 1st, the Iran war has been the primary reason for movement and volatility in the bond market. Pre-war motivations were woefully muted. That changed a bit with the jobs report two weeks ago and it changed again with this week's Fed announcement. Thankfully, the damage was quickly reversed. http://housingnewsletters.com/georgerodgers/6a3440f9ea04e5f65e8fb6b6?s=rs 6a3440f9ea04e5f65e8fb6b6 Fri, 19 Jun 2026 20:23:02 GMT While they're not yet back to the recent long term highs seen on May 19th, rates surged to 2-week highs on Friday after an exceptionally strong jobs report. http://housingnewsletters.com/georgerodgers/6a232ed0ea04e5f65e8b7ff3?s=rs 6a232ed0ea04e5f65e8b7ff3 Sat, 06 Jun 2026 14:22:27 GMT If there were a movie about mortgage rates, this week would be the part where they say "it's quiet... almost TOO quiet." http://housingnewsletters.com/georgerodgers/69ebc4cecc67f09101825044?s=rs 69ebc4cecc67f09101825044 Sat, 25 Apr 2026 15:26:57 GMT First things first, mortgage rates remain much higher than they were at the end of February. That said, they definitely did not move higher this week. http://housingnewsletters.com/georgerodgers/69cfeb1ccc67f091017b4afc?s=rs 69cfeb1ccc67f091017b4afc Fri, 03 Apr 2026 22:00:00 GMT The Iran war continues to dominate financial markets and mortgage rates are no exception. http://housingnewsletters.com/georgerodgers/69c6df05cc67f091017910a2?s=rs 69c6df05cc67f091017910a2 Sat, 28 Mar 2026 14:19:54 GMT While the word "regime" is often seen in a geopolitical context, it's also common in financial markets. With respect to rates, the most recent regime involved steady improvement starting in May 2025 and ending 3 weeks ago. Since then, a new regime has been taking over and it kicked into high gear this week. http://housingnewsletters.com/georgerodgers/69bdb5a1a975155013e6877b?s=rs 69bdb5a1a975155013e6877b Sat, 21 Mar 2026 14:02:49 GMT Last week, it seemed interest rates could do no wrong. This week has been exactly the opposite. http://housingnewsletters.com/georgerodgers/69ab31dca975155013e1f8b5?s=rs 69ab31dca975155013e1f8b5 Fri, 06 Mar 2026 22:32:00 GMT In addition to being shortened by Monday's holiday, this week's economic data didn't spark any big reactions in the bond market. Even after The Supreme Court ruled against Trump's IEEPA tariffs, rates managed to end the week right in line with the lowest levels in more than 3 years. http://housingnewsletters.com/georgerodgers/6998cbdcfb556ce595fc6f55?s=rs 6998cbdcfb556ce595fc6f55 Fri, 20 Feb 2026 23:42:01 GMT The bond market drives changes in interest rates. Among bond traders, it's no secret that the Bureau of Labor Statistics' (BLS) jobs report is the most consequential monthly economic data. But this time around, the reaction defied expectations. http://housingnewsletters.com/georgerodgers/698f8f7cfb556ce595fa145a?s=rs 698f8f7cfb556ce595fa145a Sat, 14 Feb 2026 16:31:33 GMT With the announcement that Trump nominated Kevin Warsh to be the new Fed Chair, there's a lot of misinformation and speculation making the rounds regarding the potential impact on mortgage rates. Let's clear it up. http://housingnewsletters.com/georgerodgers/69863990fb556ce595f7c602?s=rs 69863990fb556ce595f7c602 Sun, 08 Feb 2026 03:38:00 GMT This week's newsletter is all about context when it comes to economic data and market movement. One point of view may provide a clear takeaway while zooming out completely changes the picture. http://housingnewsletters.com/georgerodgers/697d1c21fb556ce595f57104?s=rs 697d1c21fb556ce595f57104 Fri, 06 Feb 2026 19:10:52 GMT First thing's first: if we take the last 5 days out of the equation, today's mortgage rates are still the lowest since early 2023. But they spent most of those last 5 days moving up from even lower levels. http://housingnewsletters.com/georgerodgers/696aa6e7fb556ce595f0bbbd?s=rs 696aa6e7fb556ce595f0bbbd Sat, 17 Jan 2026 14:51:01 GMT This week marked the return of delayed economic data from the government shutdown. Specifically, we received the important jobs report that was set to come out in early October. http://housingnewsletters.com/georgerodgers/6920c0618c2720ee1c9b1f15?s=rs 6920c0618c2720ee1c9b1f15 Sat, 22 Nov 2025 15:00:00 GMT Not all rates are created equal and not all rates move in the same direction for the same reasons. http://housingnewsletters.com/georgerodgers/690534f9115b4c44b2dcdc13?s=rs 690534f9115b4c44b2dcdc13 Sun, 02 Nov 2025 14:16:37 GMT The end of October brings the next Fed announcement and it is a 100% certainty that they will be cutting rates again. Many people believe this means lower mortgage rates. Many people are wrong. http://housingnewsletters.com/georgerodgers/68fbe1a0dd63adb9048f49ef?s=rs 68fbe1a0dd63adb9048f49ef Sat, 25 Oct 2025 13:39:47 GMT If we stopped paying attention at noon on Thursday, it was an uneventful week due to an absence of important economic data, a holiday closure, and a lack of volatility in the underlying bond market. After that, things got interesting. http://housingnewsletters.com/georgerodgers/68f2aa68a01d602e42e98289?s=rs 68f2aa68a01d602e42e98289 Sat, 18 Oct 2025 14:07:32 GMT mortgage rates surged HIGHER after this week's Fed rate cut--a seemingly paradoxical move that has exposed widespread confusion about the nature of mortgage rate movement. Let's clear it up! http://housingnewsletters.com/georgerodgers/68cdbff07f76fa6d425acee7?s=rs 68cdbff07f76fa6d425acee7 Sun, 21 Sep 2025 14:35:18 GMT Markets have settled into a cycle that favors the jobs report as the only critical economic data as far as rates are concerned. This weeks inflation data had a chance to claim/preserve a role as a strong supporting actor, but instead, it basically stood aside and left focus on the labor market and the Fed's interpretation of recent labor market weakness. http://housingnewsletters.com/georgerodgers/68c484f87f76fa6d42588b4f?s=rs 68c484f87f76fa6d42588b4f Sun, 14 Sep 2025 16:34:21 GMT A sharply weaker jobs report helped already-low mortgage rates drop at the fastest pace in more than a year. http://housingnewsletters.com/georgerodgers/68bb45147f76fa6d425647b3?s=rs 68bb45147f76fa6d425647b3 Sat, 06 Sep 2025 00:19:33 GMT This past week was a classic placeholder for mortgage rates. Rates calmly drifted to longer-term lows. Next week will be completely different in terms of potential volatility. http://housingnewsletters.com/georgerodgers/68b209684b0f19e1d2c9262a?s=rs 68b209684b0f19e1d2c9262a Sat, 30 Aug 2025 13:32:37 GMT