It was an uneventful day for the bond market (and, thus, interest rates) as investors wait for clarity on this week's potential government shutdown. It's not the shutdown itself that would notable. Rather, it would be the absence of this Friday's jobs report (published by the Federal government) as it would deprive the rate market of its brightest guiding light. In the bigger picture, after last month's jobs report helped usher rates to the lowest levels in nearly a year, other economic reports gradually pushed back in the other direction. With the labor market showing some signs of potential weakness, each new jobs report will be critical in determining if there will be additional runs toward new long-term lows. Even a stop-gap/short-term funding bill would be sufficient. The deadline for a decision is 12:01am ET on Wednesday morning. 

September 29, 2025 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.36% -0.02%   6.13% 7.26% 15 Yr. Fixed 5.87% -0.03%   5.6% 6.59% 30 Yr. Jumbo 6.28% -0.01%   6.14% 7.45% Compare Mortgage Rates from Local Lenders for Sep 29, 2025 Mortgage Rates Hold Flat to Start New Week Mon, Sep 29, 2025 3:55PM It was an uneventful day for the bond market (and, thus, interest rates) as investors wait for clarity on this week's potential government shutdown. It's not the shutdown itself that would notable. Rather, it would be the absence of this Friday's jobs report (published by the Federal government) as it would deprive the rate market of its brightest guiding light. In the bigger picture, after last month's jobs report helped usher rates to the lowest levels in nearly a year, other economic reports gradually pushed back in the other direction. With the labor market showing some signs of potential... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.36% -0.02 0.00 15 Yr. Fixed 5.87% -0.03 0.00 30 Yr. FHA 6.05% -0.03 0.00 30 Yr. Jumbo 6.28% -0.01 0.00 7/6 SOFR ARM 5.83% -0.02 0.00 30 Yr. VA 6.08% -0.02 0.00 Updates Daily - Last Update: 10/8 Freddie Mac Rate Change Points 30 Yr. Fixed 6.34% +0.04 0.00 15 Yr. Fixed 5.55% +0.06 0.00 Updates Weekly - Last Update: 10/2 Mortgage Bankers Assoc. 30 Yr. Fixed 6.46% +0.12 0.61 15 Yr. Fixed 5.76% +0.06 0.68 30 Yr. Jumbo 6.54% +0.10 0.40 Updates Weekly - Last Update: 10/1 UMBS 30YR 5.0 99.38 -0.04   95.05 99.96 UMBS 30YR 5.5 100.98 +0.01   97.47 101.28 10 YR Treasury 4.134 +0.007   3.932 4.780 Volatility Potential Hinges on Shutdown Odds Mon, Sep 29, 2025 10:00AM Under normal circumstance, we look forward to the first Friday of any given month as the day that the jobs report takes a swing at sending the strongest signal for rates of any monthly economic report. This Friday will be no different IF we actually get the jobs report. If, on the other hand, a government shutdown is announced on Wednesday, the jobs report w... (read more) MBS Price Change UMBS 4.5 97.31 +0.01 UMBS 5.0 99.36 -0.07 UMBS 5.5 100.95 -0.02 GNMA 4.5 97.31 0.00 GNMA 5.0 99.64 +0.05 GNMA 5.5 100.77 -0.03 Pricing as of: 10/8 3:23PM EST US Treasury Yield Change 2 YR Treasury 3.591 +0.023 5 YR Treasury 3.727 +0.024 7 YR Treasury 3.916 +0.018 10 YR Treasury 4.134 +0.007 30 YR Treasury 4.727 +0.003 Pricing as of: 10/8 3:23PM EST Other News Automation, Subservicing, DSCR, CRM Tools; Webinars and Events; CFPB Mortgage Stats Mon, Sep 29, 2025 11:51AM Here in Colorado, banking, credit unions, and independent mortgage banks are a solid part of the economic fabric. LOs here and everywhere are scrambling to add value and educate their borrowers and referral partners ahead of a potential federal shut down tomorrow night. For those who want to know how Colorado, or any state, is doing this year origination-wis... (read more) Latest Video U.S. 10-year bond yield nears key level Here's what a government shutdown could mean for the economy Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows Consumer sentiment comes in at 55.1 vs. 55.4 estimated Around the Web Marketwatch A government shutdown would hurt home-buying deals just as buyers are coming off the sidelines Calculated Risk Blog Final Look at Housing Markets in August and a Look Ahead to September Sales CNBC Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries Calculated Risk Blog Housing September 29th Weekly Update: Inventory Unchanged Week-over-week CNBC Treasury yields slide as investors look ahead to key jobs data Calculated Risk Blog NAR: Pending Home Sales Increase 4.0% in August; Up 3.8% YoY CNBC Core inflation rate held at 2.9% in August, as expected, Feds gauge shows Calculated Risk Blog FHFAs Q2 National Mortgage Database: Outstanding Mortgage Rates, LTV and Credit Scores Calculated Risk Blog Q3 GDP Tracking: Movin' on Up Eye on Housing State/Local Property Tax Revenue Share Falls for Third Straight Quarter Calculated Risk Blog Personal Income Increased 0.4% in August; Spending Increased 0.6% CNBC Treasury yields little changed as investors await key inflation report Calculated Risk Blog Hotels: Occupancy Rate Decreased 1.1% Year-over-year

© 2025  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.