From Our Economists
Mortgage Rates Expected to Hold Steady on Mild Inflation Reading
A mild inflation reading in July’s CPI report will leave mortgage rates largely unchanged as the Fed is already on its way to cutting rates
Mortgage Rates Fall to 14-Month Low Following Weak Jobs Report
A much weaker than expected job market report pushed mortgage rates down to 6.4%, the lowest level since April 2023. The report showed that the Fed may
The Fed Confirmed a Rate Cut May Be Coming in September. That Should Help Bring Mortgage Rates Down Slightly By the End of 2024.
Fed Chairman Jerome Powell told reporters a rate cut may be coming in September, which is in line with market expectations. The unsurprising news isn’t
Here’s What a Second Trump Presidency Could Mean For the Housing Market
Donald Trump has said he wants to lower mortgage rates and loosen building regulations, which would make homes more affordable and increase supply. Several of
A Federal Cap on Rent Hikes Would Ultimately Make Housing Less Affordable
The White House has proposed a national rent control policy, which sounds appealing in theory but would eventually increase costs for renters because it would
Redfin Economist Q&A: How Will Housing Affordability Impact the Presidential Election?
Younger voters are more likely to be impacted by high housing costs, especially renters. Older voters have fewer concerns about housing affordability since they own
December’s Inflation Report Unlikely to Impact Mortgage Rates
Consumer prices rose slightly more than expected to close 2023, but the news shouldn’t move mortgage rates much or impact the overall housing market. The
Latest Jobs Data Makes March Rate Cut Slightly Less Likely
A look below the surface reveals a less-hot picture of the late-2023 labor market than the hot December jobs headline suggests. The latest jobs report
Today’s Fed Meeting Brings Good Vibes For Homebuyers, Pushing Mortgage Rates Below 7% For First Time Since July
The Fed’s forecast that it will cut interest rates three times in 2024, up from a previous projection of two times, is already helping with
Promising Inflation Report Makes It Less Likely Buyers Will See an 8% Mortgage Rate Anytime Soon
Serious homebuyers should be on the lookout for a good time to lock in a lower mortgage rate–and now could be that time. The October
Rates are Falling on News of a Softening Job Market. Now May Be a Good Time to Lock in a Mortgage.
The latest labor-market report closes out a week of good news for mortgage rates. The October jobs report shows slower-than-expected growth in the labor market,
Economic Events Are Pushing Mortgage Rates Down … For Now. Homebuyers May Want to Lock in a Rate This Week.
The U.S. treasury announced they’re going to issue less long-term debt than expected and the Fed held interest rates steady. Those two events brought rates
