Mortgage rates steady near 6.15% as oil and jobs data pose risks
30-year mortgage rates hovered near 6.15% as employer payrolls fell by 92,000 in February and markets expected no Fed rate cut next week.
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Spreads play the superhero as mortgage rates move below 6% again
After a weekend of crazy headlines and a stock sell-off on Monday morning, bond yields are close to hitting 4% again, but mortgage rates are back under 6% once again, which is the multiyear low in recent history.
BLS jobs report for January delayed by partial government shutdown
The BLS January jobs report is postponed due to a government shutdown, delaying the release of key labor data and economic indicators.
Mortgage rates cool in 2025, but 2026 relief likely limited
Mortgage rates started the year slightly above 7% but are heading into the holiday season near 6.2%. 2026 forecasts show little change ahead.
Mortgage rates dip slightly, staying near 2025 lows ahead of CPI report
The government shutdown, which reached its 21st day on Tuesday, postponed the release of key inflation data.
The Fed could cut rates in September. Mortgage pros are skeptical of the impact
While many expect the Federal Reserve to cut interest rates at its September meeting, mortgage professionals caution that even if it happens, it won’t significantly impact the industry.
Mortgage rate volatility rises amid trade war, keeping LOs busy
Despite mortgage rate volatility that makes conditions difficult for lenders, LOs tell HousingWire they’ve seen no fall-off in mortgage applications.
Homebuyers are adjusting to the new normal of 7% mortgage rates
As the 2025 spring homebuying season approaches — and the tone is set for what the rest of the year could look like — the long-term costs of a home loan are inching lower even as fears of inflation, unemployment and tariffs loom large.
Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble
Mortgage rates haven’t moved in tandem with recent Fed rate cuts. Don’t expect that pattern to change much after policymakers meet Wednesday.
Small drop in mortgage rates a good sign for December
If housing industry professionals are looking for an early Christmas gift, they might receive it in the next two weeks if key economic indicators move in the right direction.