October 6th, 2025 1:17 PM by T. Fanning
Hello October! I hope you’re having a good day!
This past week was pretty calm for mortgage rates, with only small day-to-day changes. The U.S. government shutdown, which means the all-important jobs report has been delayed, leaving markets without one of their usual key indicators. Without that data, rates still drifted a bit lower, influenced instead by smaller economic updates and Fed commentary.
Next week is pretty light on major reports, but there are still a few things to watch. Two long-term Treasury auctions are happening since they aren’t affected by the shutdown, and the Fed will release minutes from last month’s meeting. On top of that, plenty of Fed officials are scheduled to speak. Monday looks quiet with nothing important lined up.
Please feel free to contact me if I can provide guidance or assistance to you or someone you know!
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