by Calculated Risk on 10/06/2025 07:54:00 PM
Mortgage rates began the week right in line with their highest levels of the past 30 days. This sounds a bit more dramatic than it is because the past 2.5 weeks have been very narrow and today’s rates are merely at the upper edge of that range (i.e. not much different than the recent lows).
…
More extreme rate movement remains on hold until the government shutdown ends, thus allowing the publication of the big-ticket economic reports that have the biggest impacts on rates. [30 year fixed 6.38%]
emphasis added
Tuesday:
• At 8:30 AM ET, Trade Balance report for August from the Census Bureau. The consensus is for the deficit to be $61.4 billion in August, from $78.3 billion in July.
• At 2:00 PM, FOMC MinutesMinutes Meeting of September 16-17, 2025
