Mortgage Rates Today, Sep. 6, 2024: Jobs Report Brings Good News
This morning's jobs report was likely good for mortgage rates. It might make the Federal Reserve cut general interest rates faster than planned.
Peter Warden has been covering mortgage, real estate, and personal finance for 15 years. He has appeared on The Mortgage Reports, Credit Sesame, Bills.com, and other publications.
This morning's jobs report was likely good for mortgage rates. It might make the Federal Reserve cut general interest rates faster than planned.
Tomorrow's jobs report could be pivotal for mortgage rates. It could set them on an upward path, send them appreciably lower, or leave them virtually untouched.
Stock markets had a bad day yesterday. While that's not yet affected mortgage rates much, it could do if the turmoil continues.
We're due three employment reports this week culminating in Friday's monthly jobs report. And that could be a game-changer.
This morning's inflation report will likely put some modest downward pressure on mortgage rates. But don't expect an extreme movement.
Mortgage rates start today at a 15-month low. Data over the next eight days could pull them even lower or push them upward.
A new paradigm in real estate could open challenges, but also opportunities. How can buyers and sellers capitalize on the changes?
Mortgage rates have barely moved this week. But things might perk up tomorrow or Friday.