Inflation, job worries drive ‘horrific’ consumer confidence report

Republicans are less worried about the future than Democrats and Independents, but “consumers from all three political affiliations are in agreement that the outlook has weakened since February.” Continue reading

Encouraging CPI inflation report does little for mortgage rates

Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates. Continue reading

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. Continue reading

What factors pushed mortgage rates back up? 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. Continue reading

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. Continue reading

Top 5 predictions for 2025 from Windermere’s principal economist

Despite the setbacks we saw this year, 2025 will likely see many of the same trends come true that were initially predicted for 2024, Windermere’s Principal Economist Jeff Tucker writes. Continue reading

Top 5 predictions for 2025 from Windermere’s principal economist

Despite the setbacks we saw this year, 2025 will likely see many of the same trends come true that were initially predicted for 2024, Windermere’s Principal Economist Jeff Tucker writes. Continue reading

December Fed rate cut seen as a lock — then caution may prevail

The latest Consumer Price Index reading is in line with expectations, but progress in fighting inflation has stalled. Forecasts for a slower pace of easing next year might keep mortgage rates above 6 percent. Continue reading

October new-home numbers down month over month: Economist

Windermere’s Principal Economist Jeff Tucker looks at October’s falling month-to-month new construction numbers. Continue reading

The big asterisk on that October jobs report: 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. Continue reading