Mortgage rates seen as staying higher for longer as Fed pauses
Economists and bond market investors have been surprised by the continued strength of the economy, and are wary of the potential for tariffs, tax cuts and deportations to reignite inflation
by Matt Carter Feb 21
Mortgage rates in retreat as investors weigh Trump's approach
After surprise inflation report, Trump administration says the Fed's interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies
by Matt Carter Feb 19
Mortgage rates climbing again on hot CPI report, Powell testimony
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word
by Matt Carter Feb 12
Steel and aluminum are President Trump's latest tariff targets
Homebuilders already sounding the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and Mexican gypsum
by Matt Carter Feb 10
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
Pullback in mortgage rates spurs refis but not purchase loans
Requests to refinance were up 12% week over week and 17% from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in 6 weeks
by Matt Carter Feb 5
Educate yourself and your clients about the impact of Trump tariffs
Protect your peace, power and profits, coach Darryl Davis writes, and provide the guidance your clients need to navigate the latest economic movements
by Darryl Davis Feb 4
Homebuilders anxiously await details on Canada, Mexico tariffs
Bond market investors who fund most mortgages didn't panic Friday over reports that the US will impose tariffs on China, Canada and Mexico on Saturday, but details remain sketchy
by Matt Carter Jan 31
Fed pauses rate cuts, continues mortgage 'quantitative tightening'
Trump wants the central bank to lower rates. Fed Chair Jerome Powell says he's not spoken to the President, and that 'we don't need to be in a hurry to adjust the policy stance'
by Matt Carter Jan 29
Elevated mortgage rates continue to chill homebuyer demand
Mortgage rates are hovering near a 'key psychological level' of 7%, a likely factor in slow pace of applications for refinance and purchase mortgages, MBA Chief Economist Mike Fratantoni warns
by Matt Carter Jan 22
Brokers are beginning to see bright side of post-settlement landscape
Industry changes stemming from the National Association of Realtors' antitrust settlement have made listing appointments easier, among other perks, real estate leaders told Inman
by Jim Dalrymple II Jan 21
What's next under President-elect Trump's 2nd term? The economy
Inflation and sticky mortgage rates undercut the housing market in 2024. President Trump has vowed to force both metrics down — but conflicting economic policies may make that goal difficult
by Marian McPherson Jan 21
real estate economist
Windermere’s Principal Economist Jeff Tucker looks at mortgage rates and the factors that have pushed them up more than a point since September
by Jeff Tucker Jan 17
Mortgage rates ease on benign December inflation report
Investors bid up shares of mortgage lenders and real estate companies after 'relatively benign' CPI report ends speculation that inflation worries might force the Fed to raise rates this year
by Matt Carter Jan 15
Strong December jobs report pushes mortgage rates higher
Investors who fund most home loans are now convinced that the Federal Reserve won't cut rates again until June after employers add 256K jobs and unemployment falls to 4.1%
by Matt Carter Jan 10