Today's Commentary · August 9, 2026

Aug. 8: Thoughts on flood maps, and diversification in housing; tourism is how much of U.S. GDP? Saturday Spotlight: TrueWork

U.S. mortgage rates, and rates in general, are not just a matter of what happens in the United States. LOs, and economists, are always watching what is happening not only in the U.S. but around the world and, for LOs, how trends impact their client’s rates. For example, Chinese manufacturers account for 70 percent of the global market for household cleaning robots, a milestone cemented at the end of last year when the company that created the Roomba and essentially invented the category, the U.S.-based...