Mortgage Rates Flat: Shutdown Stalls the Market
Update: 2025-10-09
Description
Mortgage rates barely budged amid the government shutdown, hovering around 6.3% for a 30-year fixed, as markets await key economic data. Job losses reported by ADP briefly lowered Treasury yields, but the impact was fleeting. With limited movement, mortgage applications are down, leaving buyers and sellers in a cautious standstill.
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