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 Unaffected, Fed Likely to Hold Rates Steady on Latest Inflation Data
Takeaway: Today’s CPI data should have little effect on mortgage rates. The report came in better than last month, but that was expected. It should
This Week’s Inflation and Sentiment Data May Clarify the Fed’s Path
This Week In A Nutshell: With the Strait of Hormuz still closed and fresh off a hot jobs report last week, rates are at risk
Strong Jobs Report Pushes Mortgage Rates Higher, Reopening the Door to Future Fed Hikes
Takeaway: Today’s jobs report will lead to higher mortgage rates as it is strong enough to open the door for Fed officials to debate hikes
Mortgage Rates Poised for Volatility This Week as Jobs Data, Iran News Loom
This Week In A Nutshell: Rates are likely to stay volatile this week as markets balance several important pieces of jobs market data against the
Mortgage Rates Remain Tied to Iran War, Oil Prices
This Week In A Nutshell: Three months in, the Iran war is still driving rates more than economic data. There are a few important economics
Iran Tensions, Not Economic Data, Are Driving Mortgage Rates This Week
This Week In A Nutshell: Rates are likely to move more on headlines out of Iran than on economic data. If peace talks show real
