John Lake's (johnlake2) Blog

Yesterday’s Federal Reserve meeting (Wednesday, June 17, 2026) brought a major structural shift that is putting immediate upward pressure on mortgage rates. While the Fed did exactly what was expected by keeping the benchmark federal funds rate steady at 3.50% to 3.75%, the true market mover was ...

We are staring at a massive, double-barreled shift in the financial markets. The convergence of a geopolitical breakthrough (the end of the war with Iran) and a structural regime change at the central bank (Chairman Kevin Warsh’s first FOMC meeting this week) creates a unique environment for mort...

We are currently navigating a "higher-for-longer" rate environment, and the crystal ball for the rest of 2026 is tightly tethered to inflation data and Federal Reserve policy. After the volatility we saw following the hot CPI/PPI reports and the Fed's firm holding pattern at their late-April mee...