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
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
