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
Hot Jobs Report Likely to Push Mortgage Rates Up
The stronger-than-expected May jobs report will reverse mortgage-rate declines from the last two weeks. But ultimately, the Fed’s decision about interest rates will be decided
Today’s Inflation Report Should Bring Mortgage Rates Down Slightly, A Relief For Homebuyers
The April CPI report came in just a tad softer than expected, which means mortgage rates should come down slightly and leaves open the possibility
Mortgage Rates Are Likely to Decline Slightly With Soft April Jobs Report
The April jobs report is a step in the right direction for homebuyers. It should cause mortgage rates to decline slightly, and it puts 2024
Today’s Fed Meeting Unlikely to Send Mortgage Rates Up or Down
In their May 1 meeting, the Fed held interest rates steady and didn’t take the possibility of rate cuts later this year off the table.
Hotter-Than-Expected Inflation Report Will Keep Mortgage Rates Higher For Longer
The March inflation report came in hotter than expected, which means the Fed is highly unlikely to cut interest rates in June–and could mean the
Hot Jobs Report Could Cause Fed to Delay Rate Cuts
Employment growth was strong in March, which ultimately means mortgage rates are likely to stay higher for longer. But next week’s inflation data is the
