From Our Economists
Today’s Fed Meeting Unlikely to Move the Needle on Mortgage Rates
The Fed’s announcement that they’re holding interest rates steady–but still project three rate cuts in 2024–won’t immediately send mortgage rates down, but it shouldn’t send
Hotter-Than-Expected Inflation Report Will Push Mortgage Rates Up Slightly–But There’s No Reason to Panic
The latest CPI report essentially eliminates the chance that the Fed will cut interest rates in May, but they’re still likely to cut in June.
Mixed-Bag Jobs Report Keeps the Fed On Track for a June Rate Cut
The latest jobs report was a mixed bag, but homebuyers and sellers can still expect the Federal Reserve to cut interest rates in May or
January’s CPI Report Is Nail in the Coffin For March Interest-Rate Cut
The latest inflation report came in hotter than expected. For homebuyers and sellers, that means mortgage rates are likely to stay elevated for now–but we
January’s Hot Jobs Report Is Good and Bad For Homebuyers: Strong Labor Market Puts Money in Pockets, But Props Up Mortgage Rates
The latest jobs report came in stronger than expected. Together with the Fed press conference and news from the U.S. Treasury this past Wednesday, this
Today’s Fed Press Conference Was Disappointing–But Not Devastating–For the Housing Market
The Fed essentially took a March interest-rate cut off the table, which means mortgage rates are likely to stay higher for longer. But we still
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
