Updated September 2026 The Federal Reserve does not set the thirty-year mortgage rate. Bond buyers do, and the newest US Treasury data shows foreign holdings of US government debt fell $72.1 billion in a single month, to $9.30 trillion, in the report released August 17, 2026 covering June. That is the pressure Ray Stendall of…
The Monthly Intelligence Report, Issue 3, July 2026 Short answer: a ceasefire can take the war premium out of crude oil in days. It cannot reopen a closed refinery. The United States has shut roughly 550,000 barrels per day of refining capacity in the last 18 months, so the floor under fuel prices has reset…
Updated July 2026 By Ray Stendall | Published July 1, 2026 | Data verified through July 1, 2026 Mortgage rates are holding in the mid-6% range in 2026, with the average 30-year loan at 6.49% as of June 25 per Freddie Mac and the Federal Reserve signaling a hike is now likelier than a cut….
May 18, 2026 · Ray Stendall · 25 minute read The Three U.S. Housing Markets of May 2026 A new framework for understanding what is happening to American real estate — and why national averages no longer describe any actual market. Would Love Your Feedback Will take 2-3 minutes and help me decide if I…