The David Lin Report · Monday, July 13, 2026
Ron Butler explains that while central bank policies influence interest rates, mortgage rates are more directly driven by supply and demand dynamics in the market. He indicates that factors beyond official policy rates play a significant role in their movement.
“Rates follow demand and supply more than they follow central bank policy rates. Is that true?”
“It is true. Uh, there has to be some kind of inflationary relationship to the Fed. Uh, it's unavoidable, but yeah, you're right. It's a supply and demand issue.”