From Our Economists
Mortgage Rates to Fall Following Weak July Jobs Report
Mortgage rates will fall today following a weaker-than-expected jobs report that increases the odds of a September rate cut. U.S. employers added 73,000 jobs in
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 Hold Steady After Inflation Eased More Than Expected in February
Inflation in February came in lower than expected, but the monthly report is less promising under the hood. With the added impact of extensive new
Mortgage Rates May Tick Down After Soft February Jobs Report
A mildly disappointing February jobs report may lead to a small tick down on mortgage rates as investors price in expectations for future labor market
What Homebuyers and Sellers Need to Know about New Real Estate Rules
If you’re looking to buy or sell a home this year, there are new rules around how buyers’ agents are paid that you need to
Mortgage Rates Stay Volatile as U.S. Imposes New Tariffs on Canada, Mexico and China
Mortgage rates fell to 6.64% on Tuesday as the U.S. imposed broad-based tariffs against Canada, Mexico and China. The new tariffs kicked off a trade
Volatile Hotel Prices—Not Rents—Pushed January Inflation Numbers Higher
January’s inflation report came in hotter than expected, with the shelter category increasing 0.4%—up from 0.3% in recent months. While the overall shelter inflation component
Mortgage Rates to Climb After Hotter-Than-Expected January Inflation Report
January’s inflation report came in hotter than expected, though some of the “surprise” is due to start-of-the-year effects that have become more pronounced in recent
