From Our Economists
Redfin Economists’ Weekly Take: Lack of Fresh Economic Data May Prevent December Rate Cut
This Week In A Nutshell With the government open, mortgage rates may wobble as we digest the September jobs report this Thursday and hear from
Redfin Economists’ Weekly Take: Fresh Government Data Could Bring Mortgage Rate Volatility
This Week In A Nutshell The government shutdown looks likely to end this week, which means a flurry of fresh economic data over the next
Redfin Economists’ Weekly Take: No End in Sight for Government Shutdown
This Week In A Nutshell Rates have reset about 15-20 bps higher following last week’s Fed meeting. This week’s Fed speeches could help flesh out
Mortgage Rates to Tick Up After Fed Signals That December Cut Isn’t Guaranteed
Mortgage rates will tick up after Fed Chair Powell sent a strong signal that a December rate cut—that markets have already priced in—is far from
Redfin Economists’ Weekly Take: Mortgage Rates Stable Ahead of Expected Fed Cut
This Week In A Nutshell Rates are steady heading into the week following a cool inflation report last Friday, but they could rise even if
Cool Inflation Data Gives Fed a Green Light to Keep Cutting Rates
Mortgage rates will stay near recent lows as cooler-than-expected inflation data allows the Fed to keep cutting. Core inflation, the key metric that excludes food
Today’s Fed Meeting Unlikely to Move the Needle on Mortgage Rates
The Fed’s announcement that they’re holding interest rates steady–but still project three rate cuts in 2024–won’t immediately send mortgage rates down, but it shouldn’t send
Hotter-Than-Expected Inflation Report Will Push Mortgage Rates Up Slightly–But There’s No Reason to Panic
The latest CPI report essentially eliminates the chance that the Fed will cut interest rates in May, but they’re still likely to cut in June.
Mixed-Bag Jobs Report Keeps the Fed On Track for a June Rate Cut
The latest jobs report was a mixed bag, but homebuyers and sellers can still expect the Federal Reserve to cut interest rates in May or
January’s CPI Report Is Nail in the Coffin For March Interest-Rate Cut
The latest inflation report came in hotter than expected. For homebuyers and sellers, that means mortgage rates are likely to stay elevated for now–but we
January’s Hot Jobs Report Is Good and Bad For Homebuyers: Strong Labor Market Puts Money in Pockets, But Props Up Mortgage Rates
The latest jobs report came in stronger than expected. Together with the Fed press conference and news from the U.S. Treasury this past Wednesday, this
Today’s Fed Press Conference Was Disappointing–But Not Devastating–For the Housing Market
The Fed essentially took a March interest-rate cut off the table, which means mortgage rates are likely to stay higher for longer. But we still
