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 […]
Jobs Report Reverses Rate Gains After Midweek Drop 06/06/2025
Weekly Mortgage Market Update – Jobs Report Reverses Rate Gains After Midweek Drop This week was a classic tug-of-war between weaker economic signals and a surprisingly resilient labor market—leaving mortgage rates, once again, trapped in a familiar range of just under 7%. 📉 Midweek Momentum: ADP + Services Data Sparked Optimism Early in the week, markets […]
Mortgage Rates Dip Slightly Amid Weak Economic Data and Tariff Tensions 05/30/2025
Weekly Mortgage Market Update: Mortgage Rates Dip Slightly Amid Weak Economic Data and Tariff Tensions A Quiet Yet Impactful Week in Mortgage Markets This past week, the mortgage and bond markets absorbed a slew of economic reports, Federal Reserve commentary, and geopolitical developments, all while operating on a shortened schedule due to the Memorial Day […]
Mortgage Rates Return to 7% Amid Fiscal Concerns and Economic Resilience 05/23/2025
Weekly Mortgage Market Update – May 23, 2025 This week, mortgage rates climbed back above 7%, driven by rising Treasury yields and investor unease over the growing U.S. deficit. The average 30-year fixed mortgage rate reached 7.15%, the highest in over a year, reflecting bond market reactions to fiscal policy developments. The bond market experienced […]
Cooling Inflation, Volatile Sentiment, and a Surprise Credit Downgrade Cap Off a Mixed Week 05/16/2025
Mortgage Bond Market Weekly Review – May 16, 2025 This week’s mortgage market activity offered a blend of optimism and late-week uncertainty, with key economic indicators, global headlines, and unexpected credit news influencing rates. For much of the week, bond markets were relatively steady, supported by cooling inflation data and continued strength in the labor […]
Mortgage Rates Edge Higher Amid Market Volatility 05/09/2025
Mortgage Bond Market Weekly Review – May 9, 2025 As we wrap up the week, the mortgage bond market has been influenced by a confluence of economic indicators, central bank decisions, and geopolitical developments. Here’s a breakdown of the key factors affecting mortgage rates, why rates edged higher, and what they mean for homeowners and […]
Mortgage Rates Edge Up Following Stronger Economic Data 05/02/2025
Mortgage Rates Edge Up Following Stronger Economic Data – 05/02/2025 Mortgage rates moved modestly higher this week as fresh economic data surprised markets with stronger-than-expected results. While not overwhelmingly positive, the reports were more resilient than anticipated—pushing rates upward in response. Interest rates are closely tied to the bond market, and bond investors carefully watch […]
