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
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
