Rebounding mortgage rates didn't stop buyers from shopping for deals last week, with requests for purchase loans up 6% last week compared to the week before and 31% from a year ago
Mortgage rates hit a new 2025 low of 6.12 percent on Oct. 28, but have been on the rise after Fed Chair Jerome Powell said there's no guarantee the Fed will cut rates for a third time in December
Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, DC, housing market are all already starting to feel the impacts
Investors seeking safety in bonds and mortgage-backed securities can bring rates down. Yields on 10-year Treasurys fell 4 basis points on first day of shutdown
Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting 3 small rate cuts this year rather than a dramatic move on Sept. 17
Rebenchmarking that suggests the US added 911K fewer jobs than previously thought generates political heat but was widely expected by economists and investors
But an overall weakening labor market could include a silver lining for real estate as it puts downward pressure on mortgage rates
Purchase loan demand slipped last week, but rates are expected to keep falling with unemployed outnumbering job openings in July for the first time since the pandemic
Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the US economy than inflation
In this exclusive series on Inman, Windermere’s Principal Economist Jeff Tucker looks at inventory levels and writes that, while sellers are willing to list, they won't bend on price
Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal Reserve rate cuts on deck
At Keller Williams Mega Agent Camp, Co-Founder Gary Keller said the housing market could be in a recession through late 2026, as the economy experiences burgeoning stagflation
Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June
Inflation moved away from the Fed's 2% target for the second month in a row, with the cost of goods and services rising 2.7% from a year ago, up from 2.3% in April: Bureau of Labor Statistics
The report beat analyst expectations by 37K jobs, curtailing hopes of a short-term rate cut in July. Economists say rates will likely stay elevated, keeping homebuyers sidelined