Mortgage rates go wild following Fed rate cut and Powell remarks
Mortgage rates rose 15 basis points today following Fed Chair Jerome Powell’s comments at the Fed press event Wednesday.
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3 metrics in Friday’s jobs report that will affect mortgage rates
HousingWire Lead Analyst Logan Mohtashami outlined three things to look for in Friday’s job report to know where mortgage rates are headed.
Jobs week data is keeping mortgage rates above 7%
Today’s jobs report beat expectations, which means mortgage rates will stay elevated.
Mortgage rates fall on jobs week data
After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.