08/11/2025
๐ก ๐๐ผ๐ฟ ๐๐ต๐ฒ ๐ช๐ฒ๐ฒ๐ธ ๐ผ๐ณ ๐๐๐ด๐๐๐ ๐ญ๐ญ, ๐ฎ๐ฌ๐ฎ๐ฑ
๐๐ฎ๐๐ ๐ช๐ฒ๐ฒ๐ธ'๐ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฎ๐๐ฒ ๐ฅ๐ฒ๐ฐ๐ฎ๐ฝ: ๐ฅ๐ฎ๐๐ฒ๐ ๐ถ๐บ๐ฝ๐ฟ๐ผ๐๐ฒ๐ฑ ๐
Mortgage rates moved slightly lower last week despite a lack of any major economic data as markets continued to speculate the Fed would begin cutting its policy rate in September and would cut multiple times this year.
๐ง๐ต๐ถ๐ ๐ช๐ฒ๐ฒ๐ธ'๐ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐ฅ๐ฎ๐๐ฒ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐: ๐ฅ๐ฎ๐๐ฒ๐ ๐ฐ๐ผ๐๐น๐ฑ ๐ฏ๐ฒ ๐๐ผ๐น๐ฎ๐๐ถ๐น๐ฒ โ ๏ธ
Mortgage rates could move either higher or lower this week, depending on how inflation readings come in for last month and if it affects markets' expectations for Fed rate cuts. Expectations for Fed rate cuts jumped after last monthโs jobs report revealed major downward revisions to job growth in recent months, and if inflation comes in higher it could cast doubts about the cuts.
๐ ๐ช๐ต๐ฎ๐โ๐ ๐ฎ๐ณ๐ณ๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐ฟ๐ฎ๐๐ฒ๐ ๐๐ต๐ถ๐ ๐๐ฒ๐ฒ๐ธ:
- Inflation: Markets will be watching for signs that tariffs are driving prices higher, as hotter-than-expected inflation could challenge expectations of a September Fed rate cut. Higher inflation would push mortgage rates up, while tame inflation could help them improve.
- Economic data: Other data this week will gauge the economyโs strength and influence mortgage rates. Weakness could nudge rates lower, while resilience may keep them steady or push them slightly higher.