From Our Economists
Today’s Cooler-Than-Expected Inflation Report Will Push Down Mortgage Rates
It’s hot outside, but inflation is cooling. June’s CPI report is good news for the housing market, as it means the Fed is very likely
Climate Experts Explain How to Consider Extreme Weather Threats When Buying a Home This Summer
Redfin’s chief economist and First Street’s head of research give homebuyers advice on how to think about climate disasters, insurance and home values when deciding
Canada Can’t Fix Its Housing Crisis Without a Land Value Tax
This article was co-authored with Floyd Marinescu and was originally published in the Toronto Star on June 22, 2024. Canada faces a housing crisis, with
Soft Jobs Report Increases Chance of Lower Mortgage Rates
Continued cooling in the labor market, as shown in the June jobs report, points to a September rate cut from the Fed as long as
Today’s Fed Meeting May Temper Mortgage-Rate Relief Brought By the Morning’s Cooler-Than-Expected Inflation Data
In their June 12 meeting, the Fed held interest rates steady, and projected one rate cut before the end of the year. Markets had expected
Cooler-Than-Expected Inflation Report Should Bring Homebuyers Some Relief By Pushing Mortgage Rates Down
The May inflation report shows that inflation is continuing to cool, which could be the nudge the Fed needs to set the stage for impending
Mortgage Rates Jump Higher After Fed Projects Fewer 2025 Cuts
Editor’s Note: This post was updated to include additional analysis on Thursday December 19 Under the surface, Wednesday’s Fed projection of two rate cuts in
Fed on Course to Cut Rates Next Week After As-Expected Inflation Report
Inflation data came in as expected in November, meaning that mortgage rates will stay steady as the Fed remains on course with market expectations to
Mortgage Rates to Remain Mostly Unchanged After Slightly Cool Jobs Report
A slightly cool, but mostly as expected, November jobs report locks in another 25 bps cut at the Federal Reserve’s December 18 meeting, barring an
2024 Local Election Results Show Voters are Willing to Spend Big on Affordable Housing
The 2024 election results show that voters are willing to greenlight big spending to fund affordable housing. Across the country, cities and states approved hundreds
The Potential Impact of Immigration Policies on Housing
President-elect Donald Trump’s incoming administration plans to “seal the border” and deport millions of undocumented migrants from the United States, starting in 2025. The housing
Today’s CPI Report Shouldn’t Have a Big Impact on Mortgage Rates, But It Increases the Odds of a Fed Rate Cut in December
CPI inflation reported today came in largely as expected. That increases the odds of a December Fed rate cut, but the determining factor will be
