From Our Economists
Markets Await Clues on Fed’s Next Moves as We Enter a Quiet Week For Data Releases
In A Nutshell: The economic calendar is light this week with little new information for markets to chew on. The Fed’s Jackson Hole symposium next
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
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,
