From Our Economists
Hot Jobs Report Likely to Push Mortgage Rates Up
The stronger-than-expected May jobs report will reverse mortgage-rate declines from the last two weeks. But ultimately, the Fed’s decision about interest rates will be decided
Today’s Inflation Report Should Bring Mortgage Rates Down Slightly, A Relief For Homebuyers
The April CPI report came in just a tad softer than expected, which means mortgage rates should come down slightly and leaves open the possibility
Mortgage Rates Are Likely to Decline Slightly With Soft April Jobs Report
The April jobs report is a step in the right direction for homebuyers. It should cause mortgage rates to decline slightly, and it puts 2024
Today’s Fed Meeting Unlikely to Send Mortgage Rates Up or Down
In their May 1 meeting, the Fed held interest rates steady and didn’t take the possibility of rate cuts later this year off the table.
Hotter-Than-Expected Inflation Report Will Keep Mortgage Rates Higher For Longer
The March inflation report came in hotter than expected, which means the Fed is highly unlikely to cut interest rates in June–and could mean the
Hot Jobs Report Could Cause Fed to Delay Rate Cuts
Employment growth was strong in March, which ultimately means mortgage rates are likely to stay higher for longer. But next week’s inflation data is the
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
