From Our Economists
Fed Projects Rates Will Be Higher For Longer, Upping Chance of Elevated Mortgage Rates Into Next Year
The Fed increased projections for 2024 and 2025 rates at its September meeting, though it kept rates unchanged for now. That will likely keep mortgage
The UAW Strike Could Be a Drag on the U.S. Economy: Here’s the Good News and Bad News For the Housing Market
The United Auto Workers strike could hamper U.S. economic growth and potentially encourage the Fed to lower interest rates, which would bring down mortgage rates.
Disappointing Inflation Report Increases Odds of a November or December Rate Hike
The Fed remains unlikely to hike rates at next week’s policy meeting The latest inflation report on consumer prices in August came in a hair
Nepo-Homebuyers: 40% of Under 30s Received Family Money for Down Payment
Originally published to Forbes on August 21, 2023. An eye-popping 38% of recent homebuyers under age 30 used either a cash gift from a family member
September Rate Hike Increasingly Unlikely After This Week’s Jobs Report
The August jobs report keeps the probability of the Fed hiking interest rates in September very low. That could be promising for homebuyers watching for
Here’s Why Mortgage Rates Are Still So High Despite All the Good News on Inflation
Despite the fact that promising inflation data has led to expectations that the Fed will cut interest rates soon, mortgage rates remain above 7%. That’s
Mortgage Rates to Reverse Recent Decline as Unemployment Holds Steady
The official May jobs report remained strong on the surface and mortgage rates will reverse a decline from recent days following a weak ADP employment
U.S. Tariffs: Redfin’s Latest Analysis of Housing Market Impacts
President Trump’s newly announced tariffs will impact the housing market in a variety of ways. We’ll be updating this page with new information as the
Fed Unlikely to Cut Rates for Foreseeable Future After Mild April Inflation Report
Mortgage rates will remain unchanged after April inflation data came in as expected. Elevated tariff rates will keep Fed rate cuts on pause for the
Mortgage Rates to Hold Firm as Fed Continues ‘Wait-and-See’ Approach
Mortgage rates will stay largely unchanged after the Fed held rates steady at its May meeting, opting to remain in a noncommittal “wait-and-see” mode until
Mortgage Rates to Tick Up After Strong April Jobs Report
Mortgage rates will move slightly higher today on the back of a strong April employment report that makes the previously expected June Fed rate cut
A White House-Induced Fed Rate Cut Would Likely Push Mortgage Rates Higher
The White House is pushing the Federal Reserve to cut rates, while the central bank adopts a wait-and-see approach. President Trump has also explored the
