Instagram TODAY’S MORTGAGE RATES Mortgage Rates improved again this week with the Mortgage Backed Security…
🚦 Rates Hit a New 2025 Low!
TODAY’S MORTGAGE RATES
Mortgage Interest Rates hit a new
2025 low on Friday!
Overall, we had a great week for
interest rates with the Mortgage
Backed Security (MBS) market
trading up +27 bps.
Below are your average interest rates
across the country according to
Mortgage News Daily.
The big news last week was Fed
Chief Jerome Powell’s Jackson Hole
speech. In the speech, he hinted that
the FED is open to a rate cut, citing
risks in the labor market. He did not
give a firm commitment to a rate
cut, but the market is expecting one
and a rate cut is being built into
mortgage rate pricing now.
The big news this week is Friday’s
PCE inflation data and the market
is expecting inflation to go up
slightly.
The FED’s monetary policy is focused
on a delicate balance between keeping
inflation low and the labor market
healthy.  I am expecting the FED to
cut the Federal Funds rate on
September 17th barring much higher
inflation or higher job creation than
expected.
There are a lot of characteristics
that go into a mortgage rate –
credit score, investor, loan to
value, loan amount, costs, etc.
Please call me to go over your specific
scenario so we can price your loan
out accurately.
Or you can get a Free Mortgage Quote
or Apply for a Mortgage with the links below.
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Thank you!
Hope you have a fantastic week!!!Â
