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. […]
Fed Signals Patience as Mortgage Rates Near 8-Month Lows 06/27/2025
Weekly Mortgage Market Update – Rates Near 8-Month Lows as Fed Signals Patience As the Fed signals its intentions, it is crucial for homeowners to stay updated on the latest rate trends. This week saw mortgage rates dip to their lowest point since early November 2024, with the average 30-year fixed mortgage hovering around 6.75%, […]
Fed Holds Rates, Mortgage Rates Drift Lower 06/20/2025
Weekly Mortgage Market Update –Fed Holds Rates, Mortgage Rates Drift Lower This short week—trimmed by the Juneteenth holiday—centered around the Federal Reserve’s June meeting, which reaffirmed a cautious policy stance. The Fed opted to maintain its benchmark rate at 4.25–4.50%, echoing recent messaging that emphasized patience amid mixed signals from inflation, labor, and global trade […]
Cooling Inflation Offers Hope, But Rate Relief Remains Elusive 06/13/2025
Weekly Mortgage Market Update – Cooling Inflation Offers Hope, But Rate Relief Remains Elusive Mortgage rates held steady this week after a flurry of new economic data provided mixed signals on inflation, consumer sentiment, and overall market health. While the bond market welcomed signs of easing price pressures, persistent job market strength and high long-term inflation […]
