From Our Economists
Assessing the Potential Impact of Tariffs on the U.S. Housing Market
President Trump plans to impose tariffs of 25% on imports from Canada and Mexico, and 10% on imports from China, starting Saturday. While the situation
Mortgage Rates to Remain Steady After Fed Pauses Cuts
The Fed held rates steady on Wednesday, as expected, and appears to be in no hurry to resume cuts. Mortgage rates are expected to remain
President Trump’s Day-One Actions Will Push Mortgage Rates Down Slightly
President Trump’s day-one executive order on housing signals that tackling the housing affordability crisis in the U.S. will be a priority. His remarks on tariffs
Mortgage Rates Will Fall Slightly After Today’s CPI Report Shows Softer-Than-Expected Core Inflation
The December CPI report should reverse the jump in mortgage rates we saw last week after a strong jobs report, but political uncertainty and economic
Mortgage Rates to Rise After Strong Jobs Report Defies Recession Fears
A surprisingly strong December jobs report defies recession fears and will keep the Fed in a holding pattern for the foreseeable future. Mortgage rates will
Mortgage Rates Fall Ahead of Potential Government Shutdown
Mortgage rates are seeing some relief today following a number of important economic developments. What’s driving the move in rates? Here’s our take: Potential government
How You Can Protect Your Home From Climate Change
Originally published to Forbes on July 24, 2023. Climate change is not a distant threat, but a present danger that is already wreaking havoc on our
September Fed Rate Hike is Hard to Imagine After Another Month of Good Inflation News
This morning’s report on consumer prices came in exactly in line with expectations: The consumer price index (CPI) rose 0.2% month over month in July
Why Are So Many Luxury Condos Built In Cities That Face An Affordable Housing Crisis?
Originally published to Forbes on May 30, 2023. Despite a lack of affordable housing, many American cities have seen a paradoxical proliferation of new luxury
A Debt-Ceiling Crisis Would Hit the Housing Market Like a Hurricane
Originally published to Forbes on May 18, 2023. Natural disasters like hurricanes and snowstorms tend to temporarily halt housing market activity in affected areas. If
Redfin Economist Q&A: Tips For Homebuying & Selling As Mortgage Rates Remain Elevated
Many homebuyers and sellers have backed off as persistent inflation and mixed economic signals send mortgage rates up. But for people who are moving now,
Redfin Economist Q&A: Advice for People Who Need to Move Now While Housing Costs Remain Near Record Highs
Many prospective buyers and sellers have retreated to the sidelines as mortgage rates near 7% and home prices remain high, sending sales and new listings
