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
Redfin Economists’ Weekly Take: Rates Likely to Hold Steady–Unless Fed Meeting or Iran War Rattle Markets
This Week In A Nutshell: Mortgage rates are likely to remain fairly steady this week. Upcoming Attractions The key event on the docket this
Redfin Economists’ Weekly Take: All Eyes on Fed Succession as Mortgage-Rate Swings Ease
This Week In A Nutshell: Mortgage-rate volatility has moderated as the United States and Iran near a peace agreement, but succession drama at the Federal
Redfin Economists’ Weekly Take: Mortgage Rates Hold Steady, but Iran Ceasefire Talks Keep Risk of Sudden Swings on the Table
This Week In A Nutshell: Mortgage rates have been steadier for the last few weeks. But the risk of outsized mortgage moves remains as markets
Fed, Mortgage Rates Likely to Hold Steady on Latest Inflation Report
Takeaway: Headline inflation, which includes food and energy prices, spiked in March, but rates won’t move much today because core inflation, which ignores those volatile
Redfin Economists’ Weekly Take: Iran War Drives Mortgage Rate Volatility as Markets Brace for Inflation Data
This Week In A Nutshell: With the Iran War stretching into its sixth week, mortgage rates will continue to ebb and flow with new developments.
Seemingly Strong March Jobs Report Won’t Impact Mortgage Rates Much
Takeaway: The March jobs report, which is hot on its surface, will not move rates much. The underlying fundamentals of the report are weaker than
