From Our Economists
Latest Inflation Report Points to an Uncertain Path Ahead for the Fed and Mortgage Rates
Takeaway: A higher-than-expected inflation report has markets anticipating a Fed rate hike next Wednesday, but there’s more room than usual for markets to be surprised.
This Week’s Inflation Data Could Be Deciding Factor in Whether the Fed Hikes Rates
Here’s our weekly economic update for the week of September 8. In A Nutshell: There’s much more uncertainty than usual heading into next week’s Fed
Hot Jobs Report Slightly Increases Odds of a Fed Rate Hike This Month
Takeaway: A hot jobs report will put upward pressure on rates today as it slightly increases the odds of a rate hike at the September
New Listings Hit a 4-Year High, A Silver Lining for Today’s Buyers
More homes are hitting the market, giving buyers across much of the country more options and negotiating power. The problem? Buyers aren’t exactly rushing
Mortgage Rates Could Swing as Markets Brace for a September Fed Meeting
In A Nutshell: Rates could wobble quite a bit over the next two weeks leading up to the September 16th Fed meeting as Chair Warsh’s
Canadian Tariffs, Inflation Numbers Unlikely to Move Mortgage Rates as Markets Await Jackson Hole Address
In a Nutshell: With an absence of economic data, geopolitics and the Fed are once again moving rates as markets carefully monitor negotiations with Iran
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