From Our Economists
Mortgage Rates Jump Higher After Fed Projects Fewer 2025 Cuts
Editor’s Note: This post was updated to include additional analysis on Thursday December 19 Under the surface, Wednesday’s Fed projection of two rate cuts in
Fed on Course to Cut Rates Next Week After As-Expected Inflation Report
Inflation data came in as expected in November, meaning that mortgage rates will stay steady as the Fed remains on course with market expectations to
Mortgage Rates to Remain Mostly Unchanged After Slightly Cool Jobs Report
A slightly cool, but mostly as expected, November jobs report locks in another 25 bps cut at the Federal Reserve’s December 18 meeting, barring an
2024 Local Election Results Show Voters are Willing to Spend Big on Affordable Housing
The 2024 election results show that voters are willing to greenlight big spending to fund affordable housing. Across the country, cities and states approved hundreds
The Potential Impact of Immigration Policies on Housing
President-elect Donald Trump’s incoming administration plans to “seal the border” and deport millions of undocumented migrants from the United States, starting in 2025. The housing
Today’s CPI Report Shouldn’t Have a Big Impact on Mortgage Rates, But It Increases the Odds of a Fed Rate Cut in December
CPI inflation reported today came in largely as expected. That increases the odds of a December Fed rate cut, but the determining factor will be
Mortgage Rates Keep Rising Because the Economy Keeps Growing
When the 10-year treasury yield increases, mortgage rates increase. Several factors are causing the treasury yield to rise, including a resilient job market and consumers
September’s Inflation Report Unlikely to Push Mortgage Rates Up or Down
September’s CPI report came in just a touch above expectations, but not enough to change our outlook for the Fed’s next move. They’re still unlikely
Today’s Hot Jobs Report is Pushing Mortgage Rates Up, But It Shouldn’t Be
The Fed will look at the big picture–including the fact that rates have already increased so much recently–when considering a November rate hike. At first
Climate Change Pushes Up Home Insurance Premiums
Originally published to Forbes on September 18, 2023. A recent study from PolicyGenius found that quoted homeowner’s insurance premiums increased by 21% nationally from May 2022
4 Ways to Buy Your First Home, Even as Affordability Worsens
Originally published to Forbes on September 12, 2023. For many young Americans, the dream of owning a home feels less like a middle-class milestone and more
How Would a Government Shutdown Impact the Housing Market? Low Demand in D.C., Temporary Dip in Mortgage Rates, Loan Delays
The impact of a federal government shutdown on the economy and the U.S. housing market would likely be small, unless it lasts much longer than
