The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.

Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower, which it has ...

Friday’s job report shows there is a clear pathway to get there. Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022.

The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed ...

Disappointing numbers in July jobs report, unemployment hits 4.3% 02:52. Mortgage rates tumbled on Friday to their lowest since April 2023 after a weak jobs report sent bond yields sharply lower ...

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

Average mortgage rates ease lower as of Friday, February 7, 2025, rounding out the week with the 30-year fixed benchmark under 7%. An anticipated employment report due out today is expected to ...

Mortgage Rates improved slightly yesterday as we awaited this morning's high risk event, the monthly Employment Situation Report. That report showed that no new jobs were created last month, a ...

Data dependent... That's a phrase that is all too prevalent in financial markets and among members of the Federal Reserve.  It refers to the fact that economic data will guide the future path ...

Mortgage rates dropped by 26 basis points this past week, as the market reaction to last Friday's jobs report, at least early in the period, drove bond yields down. This week's average for the 30-year ...

Mortgage rates are falling, with one report saying the average rate is below 6%, ... All it took was a scary stock market sell-off, caused by a weak July employment report.

Friday's strong jobs report sent mortgage rates higher, ... Recently, I’ve written that mortgage rates may have bottomed for 2024 because they got toward the low-end range of my 2024 forecast, ...