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: Iran War Drives Rate Volatility
This Week In A Nutshell: The Iran War continues to fuel market volatility as it enters its fourth week, particularly as the White House signals
Escalating Iran War, Rising Oil Prices, Fed Uncertainty Push Mortgage Rates to 6-Month High
The daily average mortgage rate rose to a six-month high of 6.53% on March 20. Mortgage rates are jumping because the Iran war is escalating,
Mortgage Rates Could Nudge Slightly Higher As Fed Holds Rates Steady, Flags Inflation Risk
The Fed left interest rates unchanged at its March 18 meeting, as expected, amid the backdrop of the Iran war, which is contributing to a
Redfin Economists’ Weekly Take: Rates Will Jump Around As Markets Weigh Iran War and Fed Outlook
This Week In A Nutshell: We’re expecting rates to continue bouncing around this week, as the Middle East conflict continues into its third week with
Methodology: Inventory Impact of Phased Marketing
This methodology accompanies Redfin’s report about how letting home sellers test the market before officially listing could boost housing supply. Every year, many homeowners are
Mortgage Rates Jump to Six-Month High as Inflation Fears, Iran War Rattle Markets
Today’s rate increase is due almost entirely to inflation jitters. The daily average mortgage rate jumped to a six-month high of 6.41% on March 13,
