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
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
