Investors seeking safety in bonds and mortgage-backed securities can bring rates down. Yields on 10-year Treasurys fell 4 basis points on first day of shutdown
In predicting that mortgage rates will drop below 6% next year, economists at Fannie Mae are more optimistic about growth and less worried about inflation than their MBA counterparts
Recent Trump appointee Stephen Miran was the lone dissenter in Wednesday's 11-1 vote, holding out for a bigger, 1/2 percentage point rate cut advocated by the president
Homebuyer loan applications flooded in last week at the 2nd-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since 2008
Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting 3 small rate cuts this year rather than a dramatic move on Sept. 17
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling as weak jobs reports and more encouraging inflation data point to Sept. 17 Fed rate cut
Rebenchmarking that suggests the US added 911K fewer jobs than previously thought generates political heat but was widely expected by economists and investors
Investors who fund most home loans are no longer wondering whether the Fed will cut rates this month, but by how much. At least 3 quarter-percentage point rate cuts are now expected this year
With 7.24M Americans out of work in July and payroll growth slowing to an average of 35K jobs a month, the Fed is expected to pivot from fighting inflation to preserving jobs
Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the US economy than inflation
Tariff uncertainties and job loss worries meant lower rates had a bigger impact last week on refinancing demand than homebuying, Mortgage Bankers Association surveys show
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
Purchase loan requests are up 3% from a week ago and 22% from last last year even as mortgage rates climb to highest level in 4 weeks, Mortgage Bankers Association survey shows
Inflation moved away from the Fed's 2% target for the second month in a row, with the cost of goods and services rising 2.7% from a year ago, up from 2.3% in April: Bureau of Labor Statistics
Rates are on the rebound again as investors weigh how Federal Reserve policymakers will view a strong June jobs report and the Trump administration's threats to impose new tariffs in August