From Our Economists
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
Redfin Economists’ Weekly Take: Mortgage Rates Flat After Fed Cut, All Eyes on Incoming Jobs and Inflation Data
This Week In A Nutshell Mortgage rates are flat after the Fed cut rates last week, as expected, while also communicating that it’ll likely
Mortgage Rates to Hold Steady in Wake of Fed’s Interest-Rate Cut
The Fed’s December interest-rate cut won’t move mortgage rates because markets have already priced it in. The Fed cut interest rates in its latest meeting,
Redfin Economists’ Weekly Take: Fed Poised to Make Expected Rate Cut, But 2026 Projections Could Jolt Mortgage Rates
This Week In A Nutshell Markets expect the Fed to cut interest rates by 25 bps when they meet on Wednesday, meaning the cut
Redfin Economists’ Weekly Take: Mortgage Rates May Bounce Around Ahead of Fed Meeting
This Week In A Nutshell Rates fell last week as financial markets increasingly priced in a rate cut at next Wednesday’s Fed meeting, but an
Redfin Economists’ Weekly Take: Odds Firm for December Rate Cut Despite Limited Data
This Week In A Nutshell Rates are a little lower with investors more hopeful for a rate cut at the December 10 Fed meeting after
Mortgage Rates to Hold Firm as Delayed Jobs Report Shows Unemployment at 4-Year High
Rates will stay mostly steady today after the delayed September jobs report showed both a rising unemployment rate, and strong but concentrated jobs growth in
