Mortgage Rates May Swing This Week As Markets Watch Inflation and Iran Developments
This Week In A Nutshell: Rates are likely to stay choppy this week as markets weigh new inflation data on Tuesday against any developments in the peace talks with Iran. Upcoming Attractions The main event this week is Tuesday’s April CPI (consumer price index) report. Headline inflation is expecte
Redfin Survey: U.S. Residents Prioritize Sunlight Over Home Size—and It Affects How Happy They Are at Home
Close to half (44%) of U.S. residents said they would choose a smaller home with more sunlight over a larger one with less, nearly double the share (24%) who said the opposite. This preference for sunlight is especially strong among Baby Boomers (54%) and those who live in the Northeast (57%). Appr
Redfin Launches Sunscore to Show Exactly How Much Sunlight Homes Get
This 0-100 score is available exclusively on Redfin.com and helps home searchers easily understand property-level sun exposure. Natural light is one of the hardest things to judge from listing photos or even a quick showing, which is why Redfin co-created Sunscore with Shadowmap, a sunlight analysis
Mortgage Rates Likely to Hold Steady After April Jobs Report Shows Stronger Hiring, Softer Wages
Takeaway: A mixed bag April jobs report will keep mortgage rates mostly steady as stronger-than-expected hiring lowers recession risk. But softer wage growth, a small underlying rise in unemployment, and the energy shock from the Iran war leave the Fed on hold for the foreseeable future. April’s job
