From Our Economists
Expect Mortgage Rates to Remain Elevated and Volatile as as Markets Digest Election Results
Rates are inching down slightly after shooting up before the election—volatility that’s to be expected as investors try to figure out the impact of a
Mortgage Rates to Fall a Little After Weak Jobs Report, But All Eyes on Election
A much weaker-than-expected October jobs report will reverse a very small part of the recent climb in mortgage rates. But they will remain elevated relative
Mortgage Rates Won’t Budge Much After Warmer-Than-Expected CPI Report
A tad warmer-than-expected September inflation report will keep mortgage rates at the levels they’ve risen to since last Friday’s blowout jobs report. With the Fed
Mortgage Rates Jump Higher Following Surprisingly Strong Jobs Report
A much stronger-than-expected September jobs report pushed mortgage rates up from 6.26% to 6.53% today. Debate about Federal Reserve rate cuts will now shift from
Mortgage Rates Are Unlikely to Fall Much Further, Even With the Fed’s Upcoming Rate Cuts
Mortgage rates fell from over 7% to 6.1% over the summer, as markets anticipated the Fed’s September 18 interest-rate cut. Now that the cut has
Mortgage Rates Unlikely to Move Much, Despite Fed’s Decision to Cut Big
The Fed split the difference, relative to market expectations, by cutting rates by 50 bps today, but projecting only more gradual cuts from here on
Redfin Economists’ Weekly Take: Lack of Fresh Economic Data May Prevent December Rate Cut
This Week In A Nutshell With the government open, mortgage rates may wobble as we digest the September jobs report this Thursday and hear from
Redfin Economists’ Weekly Take: Fresh Government Data Could Bring Mortgage Rate Volatility
This Week In A Nutshell The government shutdown looks likely to end this week, which means a flurry of fresh economic data over the next
Redfin Economists’ Weekly Take: No End in Sight for Government Shutdown
This Week In A Nutshell Rates have reset about 15-20 bps higher following last week’s Fed meeting. This week’s Fed speeches could help flesh out
Mortgage Rates to Tick Up After Fed Signals That December Cut Isn’t Guaranteed
Mortgage rates will tick up after Fed Chair Powell sent a strong signal that a December rate cut—that markets have already priced in—is far from
Redfin Economists’ Weekly Take: Mortgage Rates Stable Ahead of Expected Fed Cut
This Week In A Nutshell Rates are steady heading into the week following a cool inflation report last Friday, but they could rise even if
Cool Inflation Data Gives Fed a Green Light to Keep Cutting Rates
Mortgage rates will stay near recent lows as cooler-than-expected inflation data allows the Fed to keep cutting. Core inflation, the key metric that excludes food
