Mortgage Bonds Finish the Week Treading Water 10/03/2025
Weekly Mortgage Market Update: Mixed Data, Mixed Reactions: Mortgage Bonds Finish the Week Treading Water It was a week of tug-of-war for mortgage-backed securities (MBS). Markets digested a handful of very mixed economic reports — from a surprisingly weak ADP private payrolls print to the absence of the Bureau of Labor Statistics jobs number on […]
Mortgage Rates Hold Near Lows While Markets Eye Data Ahead 09/26/2025
Weekly Mortgage Market Update – Mortgage Rates Hold Near Lows While Markets Eye Data Ahead Mortgage rates opened the week hovering near their recent mid-6% range, a level that has become the “comfort zone” for much of September. Bond markets traded cautiously, with investors weighing a steady flow of inflation data, measured remarks from Federal […]
Rate Stability & Consumer Strength: Define the Week 09/19/2025
Weekly Mortgage Market Update – Rate Stability & Consumer Strength: Define the Week This past week, mortgage rates in Raleigh, Cary, Greensboro, and the Triangle Region stayed relatively steady as strong retail sales, rising consumer spending, and firm inflation data balanced out fears of economic overheating. Mortgage-backed securities (MBS) trading saw modest gains early in the […]
Mixed Inflation, Weak Hiring — Rates Hold Near Recent Lows 09/12/2025
Weekly Mortgage Market Update — Mixed Inflation, Weak Hiring — Mortgage Rates Hold Near Recent Lows This week’s economic data offered a mixed picture: soft hiring metrics and muted wholesale inflation helped underpin bond demand, while consumer prices showed modest month-to-month strength that kept traders cautious. For Raleigh, Cary, Greensboro, and the broader Triangle housing […]
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 […]