From Our Economists
Mortgage Rates Jump as Markets Price in More Fed Rate Hikes
In A Nutshell: Mortgage rates have shot up as a number of economic concerns come together in a perfect storm. There’s little on the horizon to
In the Aftermath of Last Week’s Rate Hike, Fed Officials Will Speak This Week
In A Nutshell: A light economic calendar this week means the focus will be on digesting last week’s Fed meeting, and on any geopolitical developments.
Mortgage Rates Are Likely to Stay High as Fed Hikes Rates and Signals More to Come
Takeaway: The Fed hiked by 25 bps as expected and officially projected another hike this year, but Chairman Warsh’s remarks suggest more may be on
Markets Have Priced in a Fed Rate Hike This Week, But The Economic Case Is Far From a Slam Dunk
In A Nutshell: After last week’s inflation data, markets are almost certain a Fed rate hike is coming this Wednesday, but the economic case is
Why Homebuyers Have More Negotiating Power Right Now
Homebuyers have something they haven’t had much of in recent years: leverage. There were nearly 58% more home sellers than buyers in August—the biggest gap
Latest Inflation Report Points to an Uncertain Path Ahead for the Fed and Mortgage Rates
Takeaway: A higher-than-expected inflation report has markets anticipating a Fed rate hike next Wednesday, but there’s more room than usual for markets to be surprised.
Mortgage Rates to Hold Steady on As-Expected Inflation Report, Dimming Odds of a September Fed Rate Hike
Takeaway: Rates should see little change today following an as-expected inflation report, but a Fed hike in September seems increasingly unlikely. Core inflation came in
Mortgage Rates Could Move This Week as Inflation Data Tests the Fed’s Path
In A Nutshell: Rates remain precarious this week with highly anticipated inflation data coming Wednesday, which could determine if the Fed hikes at their next
Weak July Jobs Report Could Delay Fed Rate Hike, Giving Homebuyers Some Mortgage-Rate Relief
Takeaway: Mortgage rates will see a little relief today on the heels of a weak jobs report that may delay anticipated hikes from the Fed.
Expect Mortgage-Rate Volatility as Oil Prices Drop on Hopes of Iran Peace Talks Ahead of This Week’s Jobs Report
In A Nutshell: Rates drifted higher last week following Fed Chair Warsh’s press conference and could remain volatile as oil prices drop on hopes of
Mortgage Rates Likely to Hold Stead Steady Following July Fed Meeting, But Uncertainty Looms as Fall Approaches
Takeaway: Mortgage rates will largely stay the same for now as the Fed opts against hiking and says little about future plans. There was a
Expect Mortgage-Rate Volatility Amid Uncertainty Heading Into Warsh’s 2nd Meeting as Fed Chair
This Week In A Nutshell: Rates are elevated and likely to remain volatile with risks on three fronts: oil prices, AI-driven inflation, and a newly