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
Mortgage Rates to Hold Steady After Fed Cuts for First Time in 2025
Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for
Redfin Economists’ Weekly Take: Homebuyers Wait to See How Mortgage Rates Move When Fed Cuts
Last Week In A Nutshell Rates fell after a spike in unemployment insurance claims overshadowed inflation data that was mostly benign, further propelling fears about
Mortgage Rates To Fall a Bit More Today as Jobless Claims Jump and Inflation Posts Steady Growth
Takeaway: Mortgage rates will ease a little bit more today as a jump in unemployment insurance claims overshadows a CPI inflation report showing an expected
Redfin Economists’ Weekly Take: All Eyes on Inflation Data Ahead of Expected Fed Rate Cut
Last Week In A Nutshell Weak labor market data indicates that the economy is at risk of a recession, meaning the Fed needs to start
Mortgage Rates to Fall to the Lowest Level in Almost a Year on Today’s Weak Jobs Report
Today’s weak jobs report all but guarantees that the Fed will cut interest rates by 25 basis points at its September 17 meeting, and that’s
Methodology: Estimating the Number of Buyers and Sellers in the Housing Market
Redfin publishes estimates on the number of homebuyers and sellers active in the U.S. housing market via reports on our news site and a dashboard
