Jobs Report Sparks Biggest Mortgage Rate Drop in Over a Year 09/05/2025
Weekly Mortgage Market Update – Jobs Report Sparks Biggest Mortgage Rate Drop in Over a Year The first week of September 2025 delivered a major shift in the mortgage market, with rates falling back near 11-month lows after weaker labor market data. For homebuyers in Raleigh, Cary, and Greensboro, lower rates translate into more buying […]
Mortgage Rate Lows: Quiet Week Sets the Stage for Next Week’s Rate Drivers 08/29/2025
Weekly Mortgage Market Update – Mortgage Rate Lows: Quiet Week Sets the Stage for Next Week’s Rate Drivers Quiet Week Sets the Stage for Next Week’s Rate Drivers The final week of August 2025 brought relative calm across financial markets, with mortgage rates easing to 10-month lows in the high-6% range. While day-to-day movements were […]
Mortgage Market Momentum Builds 08/22/2025
Weekly Mortgage Market Update – Mortgage Market Momentum Builds on Powell’s Dovish Tone Key takeaway: Mortgage rates took another step lower following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium, signaling that a September rate cut is increasingly likely. Powell struck a more cautious tone than in previous appearances, pointing directly to the […]
Fed Rate Cut Expectations Keep Rates Near Yearly Lows 08/15/2025
Weekly Mortgage Market Update – Fed Rate Cut Expectations Keep Mortgage Rates Near Yearly Lows Raleigh Mortgage Snapshot: Rates flirted with new 2025 lows midweek after friendlier inflation data, then ticked up Friday as hotter wholesale prices and firm retail spending nudged yields higher. For Raleigh-area buyers, that midweek dip offered a glimpse of what’s […]
Mortgage Rates Pause After Jobs Shock — For Now 08/08/2025
Weekly Mortgage Market Update — Mortgage Rates Pause After Jobs Shock — For Now Calm Holds After Jobs Shock — For Now Last week’s surprisingly weak jobs report set the tone for markets, and this week mostly consolidated those gains for bond markets — which is good news for mortgage rates. Mortgage-backed securities (MBS) held the […]
Weak Jobs Data Gives Rates a Boost 08/01/2025
Weekly Mortgage Market Update – Weak Jobs Data Gives Rates a Boost Raleigh Homebuyers, Rejoice: Weak Jobs Data Gives Rates a Boost Mortgage rates dipped to some of the lowest levels we’ve seen since early spring—thanks to a surprisingly soft July jobs report that rattled investor confidence but delighted the bond market. A Calm Week—Until […]
Mortgage Rates Hold Steady Ahead of Big Jobs Report and Fed Decision 07/25/2025
Weekly Mortgage Market Update – Mortgage Rates Hold SteadyAhead of Big Jobs Report and Fed Decision Markets Eye Big Data Week Ahead This past week was a quiet one for mortgage rates and bond markets—almost too quiet. With no major economic news on the calendar, mortgage-backed securities (MBS) and Treasury yields drifted mostly sideways, leaving […]
Inflation Cools Slightly, But Markets Stay on Edge 07/18/2025
Weekly Mortgage Market Update – Inflation Cools Slightly, But Markets Stay on Edge Mortgage rates held steady this week, with the average 30-year fixed-rate mortgage hovering in the 6.75%–6.85% range. While this range may not turn heads, in today’s climate of economic uncertainty, inflation tension, and shifting Fed signals, this kind of consistency is a […]
After the Bulletin Board Bonanza, Mortgage Rates Move Mostly Sideways 07/11/2025
Weekly Mortgage Market Update – After the Bulletin Board Bonanza, Mortgage Rates Move Mostly Sideways It was a light week for major economic headlines—exactly the kind of environment that often brings welcome stability to mortgage markets. Throughout this week, we have seen how Mortgage Rates Move in response to economic factors. As we observe how Mortgage […]
Strong Jobs Report Slows Momentum in Mortgage Rates 07/03/2025
Weekly Mortgage Market Update – Strong Jobs Report Slows Momentum in Mortgage Rates This holiday-shortened week may have been light on trading volume, but it packed a major punch in terms of market-moving data, especially with the release of June’s nonfarm payrolls report. The labor market showed unexpected strength, with job creation far exceeding forecasts. […]
