From Our Economists
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
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