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
Inflation Cooled in February, but Markets Are Looking Past It as Iran War Clouds Outlook
Takeaway: The February CPI report showed inflation cooling, as expected. But the report will largely be ignored by markets because the data predates the war
Redfin Economists’ Weekly Take: Mortgage Rates Poised For Volatility As Iran Conflict Escalates and Inflation Data Looms
This Week In A Nutshell: Rates may continue to be volatile as the Middle East conflict expands and new inflation data is released. Upcoming Attractions
Weak Jobs Report Unlikely to Push Mortgage Rates Down As Escalating Iran Conflict Muddies Outlook
The February jobs report is weaker than expected. The report shows that U.S. employers cut more jobs than anticipated last month, and unemployment rose–both signs
Redfin Economists’ Weekly Take: After Dipping Below 6%, Mortgage Rates Enter Unpredictable Week Amid Iran Tensions
This Week In A Nutshell: We’re in for an unpredictable week with potentially significant moves in rates between the ongoing Iran conflict and important job
Redfin Economists’ Weekly Take: Trade Policy, State of the Union Take Center Stage
This Week In A Nutshell: The White House’s response to the Supreme Court invalidating President Trump’s tariffs under the International Emergency Economic Powers Act and
Mortgage Rates Likely to Hold Steady With Inflation Risks in the Rearview Mirror
Takeaway: A mild inflation report should have little effect on mortgage rates today. Today’s data continues the narrative that the worst of inflation fears are
