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
Mortgage Rates Keep Rising Because the Economy Keeps Growing
When the 10-year treasury yield increases, mortgage rates increase. Several factors are causing the treasury yield to rise, including a resilient job market and consumers
September’s Inflation Report Unlikely to Push Mortgage Rates Up or Down
September’s CPI report came in just a touch above expectations, but not enough to change our outlook for the Fed’s next move. They’re still unlikely
Today’s Hot Jobs Report is Pushing Mortgage Rates Up, But It Shouldn’t Be
The Fed will look at the big picture–including the fact that rates have already increased so much recently–when considering a November rate hike. At first
Climate Change Pushes Up Home Insurance Premiums
Originally published to Forbes on September 18, 2023. A recent study from PolicyGenius found that quoted homeowner’s insurance premiums increased by 21% nationally from May 2022
4 Ways to Buy Your First Home, Even as Affordability Worsens
Originally published to Forbes on September 12, 2023. For many young Americans, the dream of owning a home feels less like a middle-class milestone and more
How Would a Government Shutdown Impact the Housing Market? Low Demand in D.C., Temporary Dip in Mortgage Rates, Loan Delays
The impact of a federal government shutdown on the economy and the U.S. housing market would likely be small, unless it lasts much longer than
