real estate economist
Windermere’s Principal Economist Jeff Tucker looks at October's falling month-to-month new construction numbers
by Jeff Tucker Nov 27
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at how recent events have impacted the October jobs report and what it means for the economy
by Jeff Tucker Nov 5
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at September’s ‘disappointing’ existing-home sales report and discusses some of the factors impacting the numbers
by Jeff Tucker Oct 28
real estate economist
Inflation, combined with September’s strong jobs report, suggests the Fed might be rethinking how quickly to cut the Federal Funds Rate, says Windermere’s Principal Economist Jeff Tucker
by Jeff Tucker Oct 17
Latest inflation numbers could give mortgage rates additional lift
Reports send mixed signals on the economy, with CPI showing prices rose more sharply than expected in September and jobless claims surging to highest level in more than a year
by Matt Carter Oct 10
Fed expected to be cautious in cutting rates next week
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut next week
by Matt Carter Sep 11
‘It’s finally happening': Cooler inflation opens the door to rate cut
Overall inflation rose just 3% on an annual basis in June, according to Bureau of Labor Statistics. The 10-year Treasury yield, an indicator of mortgage rates, plummeted on the news Thursday
by Taylor Anderson Jul 11
NAR chief economist predicts 6% mortgage rates. Is this the time?
NAR Chief Economist Lawrence Yun told CNBC he expects rates to settle around 6%, a prediction he’s made several times before. A look back at 2 years of his forecasts amid a chaotic economy
by Taylor Anderson Jul 11
Prospects for lower mortgage rates grow as inflation continues to ease
The Federal Reserve's preferred inflation gauge fell to 2.56% in May, getting closer to the Fed's 2% target for the 2nd month in a row. Core inflation reading is lowest since March 2021
by Matt Carter Jun 28
Surging mortgage rates gain momentum on new inflation data
Mortgage rates rise for the fourth day in a row, pushing back through 7% as more worrisome inflation data puts to rest any lingering hopes for a Federal Reserve rate cut this spring
by Matt Carter Mar 14
Annual inflation cools for 3rd month straight to 3.1%
The Consumer Price Index rose only 0.1% between October and November, 3.1% higher than a year earlier, suggesting interest rates will hold steady at this week's Federal Reserve meeting
by Ben Verde Dec 12
Housing's stranglehold on inflation poised to decline in months ahead
Inflation rose 0.4% in September, a near standstill from August, according to the latest Consumer Price Index Thursday. Economists believe 'shelter' will soon recede as the largest contributor
by Ben Verde Oct 12
Bond market investors convinced Fed won't hike rates next week
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as latest inflation data out Wednesday doesn't ruffle investors who fund most mortgages
by Matt Carter Sep 13
Inflation ticks up 0.6%, boosted by 'outsized' housing costs
The Consumer Price Index increased 0.6% in August, faster than the July rate of 0.2%, according to data released Wednesday by the Bureau of Labor Statistics
by Ben Verde Sep 13
Inflation is falling. So what happens next? Here's what economists say
The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates for now, economists said. But there are still warning signs
by Ben Verde AND Taylor Anderson Jun 13