From Our Economists
Fed Holds Rates Steady, Waits on Data to Inform Potential September Cut
The Fed held rates steady at its July meeting on Wednesday, as expected, despite dissents from two officials. All options are on the table for
Eliminating Tax on Home Sellers’ Capital Gains Would Have Mixed Results for the Housing Market
President Trump said this week that he is considering removing capital gains tax for home sales. Home sellers who lived in their home for two
September Rate Cut on the Table After Mixed June Inflation Report
Mortgage rates will remain largely unchanged after inflation came in just below expectations in June, leaving the door open for a September Fed rate cut.
Mortgage Rates to Remain Mostly Unchanged After Stronger-Than-Expected Jobs Report
The U.S. added more jobs than expected in June, and the unemployment rate declined despite expectations that it would increase. Mortgage rates may rise slightly
Fed Leaves Rates Unchanged as More Officials Predict No Cuts This Year Amid Economic Uncertainty
Mortgage rates will remain steady after the Fed left rates unchanged at its June meeting, as expected. The Fed maintained a forecast of two rate
Mortgage Rates to Stay Flat After Mild May Inflation Report
A milder-than-expected May CPI report is unlikely to shift mortgage rates because tariff-induced inflation remains a threat and the Fed will continue to hold off
Redfin Economists’ Weekly Take: Inflation Report Unlikely to Stop Fed From Cutting Rates Next Week
Last Week In A Nutshell Geopolitical tensions and regional bank worries brought rates down last week as investors piled into the safety of Treasuries from
Redfin Economists’ Weekly Take: China Trade Tensions Push Mortgage Rates Lower
Last Week In A Nutshell Rates ended the week about 10 bps lower following renewed trade tensions with China. Upcoming Attractions This is a light
Redfin Economists’ Weekly Take: All Eyes on Fed Speeches as Markets Continue to Fly Data-Blind
Last Week In A Nutshell Rates eased due to a surprisingly negative ADP jobs report, which stayed in the spotlight as the government shutdown sidelined
Redfin Economists’ Weekly Take: Potential Government Shutdown Looms Ahead of Key Jobs Report
Last Week In A Nutshell A quiet week with rates drifting slightly higher as Fed officials sounded cautious on future rate cuts. Upcoming Attractions Potential
Government Shutdown Could Impact Mortgage Processing, D.C. Housing Market
A federal government shutdown next Wednesday seems increasingly likely. The impact on the housing market would be fairly limited, though potentially larger in the Washington
Redfin Economists’ Weekly Take: Fed Speeches May Offer Clues About Future Rate Cuts
Last Week In A Nutshell Mortgage rates inched up as the Fed presented a murky view of rate cuts for the next two meetings, while
