Instagram TODAY’S MORTGAGE RATES Mortgage Rates went up .2% on the week with the Mortgage…
📊 How the FED Could Impact Your Mortgage Payment This Week
TODAY’S MORTGAGE RATES
Mortgage Interest Rates stayed even to
slightly lower over the past 7 days with
The Mortgage Backed Security (MBS)
market trading even on the week.
Below are your average interest rates
across the country according to
Mortgage News Daily.
Interest rates are still sitting at their
lowest levels in about 12 months.
In May of 2025, interest rates
were at 7% and higher.
Here is what a drop from 7% to
6.29% does for your payment
on a $400,000 loan.
The big news last week was the
PPI and CPI inflation report
The Producer Price Index (PPI) which
measures inflation for Producers of
Goods and Services came in lower
than expected. Year over Year PPI
Inflation went from 3.1% to 2.6%.
(lower inflation = good for rates)
The Consumer Price Index (CPI) which
measures inflation for Consumers
came in higher than expected. Year
over Year CPI Inflation went from
2.7% to 2.9%. (higher inflation =
bad for rates)
These 2 reports offset each other
resulting in a week with little to
no rate movement.
The big news this week is the FED
meeting culminating on September 17th.
Everyone expects the FED to lower
the Federal Funds Rate 25 bps.
I can’t stress this enough because I
hear people state this wrong all the
time. The market has already priced
in this cut as the market moves based
on expectations of what will happen
in the future.
If for any reason the FED didn’t
make this cut, interest rates would
likely go up a lot. If they make the
cut as expected, interest rates will
likely move based on the FED’s
statement and press conference.
It’s in these items that the FED
telegraphs what they will likely
do next.
A tone of more aggressive rate
cuts will likely help lower interest
rates. A tone of this being a one-time
cut would likely push rates higher.
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.
OR
Thank you!
SEPTEMBER REAL ESTATE REPORT
Here is the audio of Keeping Current
Matters September 2025 Real Estate
Report:
Below are some of my favorite
slides from the report.
Lower job creation and Higher Unemployment
makes it a near certainty that the FED will
cut the Federal Funds rate on 9/17/25.
Mortgage interest rates have declined since
the July BLS Jobs Report that came out at
the beginning of August.
Most market experts are predicting 2-3
Federal Funds Rate Cuts through the
rest of 2025.
Home appreciation has slowed in most
areas of the country. National home
prices are up 2.94%. We are seeing
higher appreciation in the Northeast
and Midwest.
U.S. home prices are slowing but
expected to continue to go up at a
slower pace over the next 4 years.
Hope you have a fantastic week!!
