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
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
Mortgage rates ease a bit on November inflation surprise
Core inflation rose less in November than had been expected, in part because housing costs rose at a slower pace, Pantheon Macroeconomics Chief US Economist Samuel Tombs said
by Matt Carter Dec 20
Fed cuts again, but mortgage rates climb on 2025 inflation worries
Bond market investors who fund most mortgages focus on the latest dot plot, which shows Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025
by Matt Carter Dec 18
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
Latest CPI reading leaves door open for December Fed rate cut
October Consumer Price Index report isn't having a big impact on mortgage rates, as investors who fund most home loans doubt the Fed will have much room to bring rates down next year
by Matt Carter Nov 13
Weak jobs, manufacturing reports provide no relief for mortgage rates
Hurricanes and strikes were expected to dent job creation, and bond market investors are looking ahead to next week's election, Fed meeting and government bond auctions, analysts say
by Matt Carter Nov 1
Inflation cooled in September, nearing the Fed's 2% target
Mortgage rates inch up as an expected decline in key inflation gauge does little to change expectations for Fed rate cuts among investors who fund most home loans
by Matt Carter Oct 31
Latest jobs, GDP reports point to November Federal Reserve rate cut
Relief would be good news for would-be homebuyers, although purchase loan applications are still up 10% from a year ago as mortgage rates hit highest levels since July, MBA survey shows
by Matt Carter Oct 30
Mortgage rates back at 7% as bond market investors stage rebellion
'Bond vigilantes' figure 'no matter which party wins the White House and the Congress, fiscal policies will bloat the budget deficit and heat up inflation,' Wall Street veteran Ed Yardeni warns
by Matt Carter 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
real estate economist
In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker explains the latest stats, reports and numbers you should know. This week: The latest employment numbers
by Jeff Tucker Oct 9
Mortgage rates are soaring on strong September jobs report
With a soft landing seen as more likely, analysts say Fed can be more cautious about the pace of future rate cuts and mortgage rates aren't likely to fall below 6% anytime soon
by Matt Carter Oct 4
Mortgage rates are tumbling again as job openings hit 18-month low
Bond market investors who fund most mortgages are already certain the Fed will slash rates this month. The question has become how much will policymakers cut on Sept. 18, Nov. 7 and Dec. 18?
by Matt Carter Sep 4