Demand for mortgages cools as rates rebound from 2025 low
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
by Matt Carter Nov 5
Embattled Fed Governor Lisa Cook says tariffs fueling inflation
In her first public speech since President Trump’s attempt to remove her, the economist says she expects a 'one-time increase' in prices, with inflation trending back toward the 2% target
by Matt Carter Nov 3
Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the recession might come to a close
Mortgage rates spike as Powell warns December rate cut is iffy
After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home loans worry about inflation
by Matt Carter Oct 29
Lower mortgage rates spur homebuyers, but mostly refis
Rates on 30-year fixed-rate mortgages hit another 2025 low on Tuesday, dropping to 6.12%, nearly a full percentage point lower than January. Rates now have less room to come down
by Matt Carter Oct 29
Mortgage rates just hit a new 2025 low. They might be stuck there.
MBA forecasts rates will probably stay right where they are now in 2026, as investors have already priced in future Fed rate cuts. But look for 3 years of steady growth in home sales ahead
by Matt Carter Oct 22
Mortgage rates ebb as Powell hints at end of 'quantitative tightening'
Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability
by Matt Carter Oct 15
Government shutdown could bring mortgage rates down
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
by Matt Carter Oct 1
Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
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
by Matt Carter Sep 23
real estate economist
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
by Jeff Tucker Sep 18
Homeowners rush to refinance as mortgage rates hit 2025 low
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
by Matt Carter Sep 17
Rising inflation makes 'jumbo' Fed rate cut unlikely next week
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
by Matt Carter Sep 11
Homebuyer demand surges as mortgage rates tumble to 2025 low
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
by Matt Carter Sep 10
Massive downward jobs revision not budging mortgage rates
Rebenchmarking that suggests the US added 911K fewer jobs than previously thought generates political heat but was widely expected by economists and investors
by Matt Carter Sep 9
people in line for job interview
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
by Matt Carter Sep 5