From Our Economists
Redfin Economists’ Weekly Take: Iran War Drives Rate Volatility
This Week In A Nutshell: The Iran War continues to fuel market volatility as it enters its fourth week, particularly as the White House signals
Escalating Iran War, Rising Oil Prices, Fed Uncertainty Push Mortgage Rates to 6-Month High
The daily average mortgage rate rose to a six-month high of 6.53% on March 20. Mortgage rates are jumping because the Iran war is escalating,
Mortgage Rates Could Nudge Slightly Higher As Fed Holds Rates Steady, Flags Inflation Risk
The Fed left interest rates unchanged at its March 18 meeting, as expected, amid the backdrop of the Iran war, which is contributing to a
Redfin Economists’ Weekly Take: Rates Will Jump Around As Markets Weigh Iran War and Fed Outlook
This Week In A Nutshell: We’re expecting rates to continue bouncing around this week, as the Middle East conflict continues into its third week with
Methodology: Inventory Impact of Phased Marketing
This methodology accompanies Redfin’s report about how letting home sellers test the market before officially listing could boost housing supply. Every year, many homeowners are
Mortgage Rates Jump to Six-Month High as Inflation Fears, Iran War Rattle Markets
Today’s rate increase is due almost entirely to inflation jitters. The daily average mortgage rate jumped to a six-month high of 6.41% on March 13,
Smaller Rate Cut Likely After Hotter-Than-Expected CPI Report, But Fed Has Options
A touch-hotter-than-anticipated August CPI report nudges the Fed toward a 25 bps rate cut at its meeting next week. However, inflation remains cool enough that
7 Considerations for Climate-Conscious House Hunters
This was originally published to Forbes on July 30, 2024. The pros and cons of owning a home versus renting one are changing along with the
What Homebuyers and Sellers Can Expect This Fall
This was originally published to Forbes on August 29, 2024. The housing market is poised for a dynamic shift this fall, driven by recent declines
Mortgage Rates to Hold Steady as Fed Ponders Mixed Jobs Report
A glass half-full/half-empty August jobs report failed to point the Fed clearly to a 25 or 50 bps cut on September 18. Rates will stay
Mortgage Rates to Fall After Fed Chair Confirms September Cut
Federal Reserve Chair Jerome Powell told the central bank’s annual gathering on Friday that “the time has come for policy to adjust,” all but confirming
Here’s What a Kamala Harris Presidency Could Mean For the Housing Market
Democratic presidential nominee Kamala Harris unveiled a plan that promises to combat the housing affordability crisis, and boost supply and demand. Harris’s plan is appealing,
