From Our Economists
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
Mortgage Rates May Bounce a Little After Mixed January Jobs Report
Takeaway: The January jobs report was a mixed bag, but generally pointed to a stronger-than-expected labor market. Mortgage rates may see a little bounce off
Fed Projects Rates Will Be Higher For Longer, Upping Chance of Elevated Mortgage Rates Into Next Year
The Fed increased projections for 2024 and 2025 rates at its September meeting, though it kept rates unchanged for now. That will likely keep mortgage
The UAW Strike Could Be a Drag on the U.S. Economy: Here’s the Good News and Bad News For the Housing Market
The United Auto Workers strike could hamper U.S. economic growth and potentially encourage the Fed to lower interest rates, which would bring down mortgage rates.
Disappointing Inflation Report Increases Odds of a November or December Rate Hike
The Fed remains unlikely to hike rates at next week’s policy meeting The latest inflation report on consumer prices in August came in a hair
Nepo-Homebuyers: 40% of Under 30s Received Family Money for Down Payment
Originally published to Forbes on August 21, 2023. An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member
September Rate Hike Increasingly Unlikely After This Week’s Jobs Report
The August jobs report keeps the probability of the Fed hiking interest rates in September very low. That could be promising for homebuyers watching for
Here’s Why Mortgage Rates Are Still So High Despite All the Good News on Inflation
Despite the fact that promising inflation data has led to expectations that the Fed will cut interest rates soon, mortgage rates remain above 7%. That’s
