From Our Economists
Smaller Rate Cut Likely After Hotter-Than-Expected CPI Report, But Fed Has Options
A touch-hotter-than-anticipated August CPI report nudges the Fed toward a 25 bps rate cut at its meeting next week. However, inflation remains cool enough that
7 Considerations for Climate-Conscious House Hunters
This was originally published to Forbes on July 30, 2024. The pros and cons of owning a home versus renting one are changing along with the
What Homebuyers and Sellers Can Expect This Fall
This was originally published to Forbes on August 29, 2024. The housing market is poised for a dynamic shift this fall, driven by recent declines
Mortgage Rates to Hold Steady as Fed Ponders Mixed Jobs Report
A glass half-full/half-empty August jobs report failed to point the Fed clearly to a 25 or 50 bps cut on September 18. Rates will stay
Mortgage Rates to Fall After Fed Chair Confirms September Cut
Federal Reserve Chair Jerome Powell told the central bank’s annual gathering on Friday that “the time has come for policy to adjust,” all but confirming
Here’s What a Kamala Harris Presidency Could Mean For the Housing Market
Democratic presidential nominee Kamala Harris unveiled a plan that promises to combat the housing affordability crisis, and boost supply and demand. Harris’s plan is appealing,
Fed in Wait-and-See Mode on Hot Inflation Report; Mortgage Rates to Track Oil Prices, Mideast Talks
Takeaway: A slightly hotter than expected CPI report will keep the Fed on hold and may push officials slightly closer to considering hikes. Mortgage rates
Introducing the New & Improved Redfin Data Center
Monthly housing market data is now available sooner New metrics—including home purchase cancellations, price drops, financing trends, and luxury and starter home data—are now available
Mortgage Rates May Swing This Week As Markets Watch Inflation and Iran Developments
This Week In A Nutshell: Rates are likely to stay choppy this week as markets weigh new inflation data on Tuesday against any developments in
Mortgage Rates Likely to Hold Steady After April Jobs Report Shows Stronger Hiring, Softer Wages
Takeaway: A mixed bag April jobs report will keep mortgage rates mostly steady as stronger-than-expected hiring lowers recession risk. But softer wage growth, a small
Redfin Economists’ Weekly Take: Volatile Rates Ahead as Fed Turns Hawkish and Energy Shock Builds
This Week In A Nutshell: Rates are likely to remain volatile this week. Markets are balancing a still-solid economy against the worsening energy shock, a
Fed Holds Rates Steady, But Rare Dissents Signal Cloudy Outlook For Future Path
The Federal Reserve held interest rates steady at its April 29 meeting. Takeaway: Mortgage rates may rise slightly as Jerome Powell’s last Fed meeting as
