Redfin Chief Economist Predicts 25 Basis Point Rate Cut at Upcoming Fed Meeting in New Haven
Get an insider's perspective on the potential impact of the upcoming Fed rate decision from Redfin Chief Economist Daryl Fairweather.
This week, the Federal Open Market Committee (FOMC) will be meeting to vote on a potential rate cut, and many are curious about how this may affect the housing market. In an exclusive interview with RISMedia, Redfin Chief Economist Daryl Fairweather shares her insights on the situation.
According to Fairweather, the Fed is likely to cut rates by 25 basis points, and there is a possibility that they may even make a larger cut. She explains that this is due to the current state of the economy, with slowing global growth and trade tensions weighing heavily.
While this news may be welcomed by potential homebuyers looking for lower mortgage rates, Fairweather also cautions that it may not have a significant impact on the overall housing market. She notes that the housing market is currently strong, with low inventory and high demand driving up prices, and a rate cut may not make much of a difference.
"A 25 basis point cut won't make much of a difference in terms of affordability," Fairweather states. "Home prices are still going to be high, and they're still going to be rising."
She goes on to explain that a larger rate cut may have a more noticeable impact on the market, as it could lead to lower mortgage rates and potentially drive up demand. However, she also notes that this may not be a good thing in the long run, as it could potentially lead to another housing https://www.rismedia.com/2025/09/16/daryl-fairweather-federal-reserve/