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
In predicting that mortgage rates will drop below 6% next year, economists at Fannie Mae are more optimistic about growth and less worried about inflation than their MBA counterparts
In this exclusive series on Inman, Windermere’s Principal Economist Jeff Tucker looks at the Federal Reserve's interest rate cut and what it means for the real estate market
Homebuyer loan applications flooded in last week at the 2nd-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since 2008
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
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling as weak jobs reports and more encouraging inflation data point to Sept. 17 Fed rate cut
Rebenchmarking that suggests the US added 911K fewer jobs than previously thought generates political heat but was widely expected by economists and investors
Investors who fund most home loans are no longer wondering whether the Fed will cut rates this month, but by how much. At least 3 quarter-percentage point rate cuts are now expected this year
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
If bond market investors get cold feet about buying government debt and mortgage-backed securities, that could push long-term interest rates higher, even if the Fed cuts short-term rates
With 7.24M Americans out of work in July and payroll growth slowing to an average of 35K jobs a month, the Fed is expected to pivot from fighting inflation to preserving jobs
Reports released by the FHFA and S&P Dow Jones showed that buyers will likely gain leverage in some markets, while sellers may need to readjust their price expectations as market shifts
Trump has attempted to remove Lisa Cook from the rate-setting board over allegations made by the head of FHFA. Cook has denied wrongdoing and said she would continue serving on the board
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