Mortgage rates were just barely lower this morning versus yesterday's latest levels, but most borrowers won't see any major difference from any of the past 7 business days. Additionally, some lenders issued mid-day changes, giving rates a slight bump in response to weakness in the bond market. With a government shutdown looking increasingly likely, traders are increasingly less likely to see the latest jobs report, originally scheduled for this Friday. This morning' econ data isn't in the same league as the jobs report, but it did provide a modest benefit for rates with job openings remaining low and consumer confidence falling. The bond market weakness in the afternoon was a function of the month/quarter end trading environment which creates market momentum without regard to timely economic data releases.

September 30, 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 30, 2025 Mortgage Rates Continue Holding Narrow Range Tue, Sep 30, 2025 3:08PM Mortgage rates were just barely lower this morning versus yesterday's latest levels, but most borrowers won't see any major difference from any of the past 7 business days. Additionally, some lenders issued mid-day changes, giving rates a slight bump in response to weakness in the bond market. With a government shutdown looking increasingly likely, traders are increasingly less likely to see the latest jobs report, originally scheduled for this Friday. This morning' econ data isn't in the same league as the jobs report, but it did provide a modest benefit for rates with job openings remaining... (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 99.42 0.00   95.05 99.96 UMBS 30YR 5.5 100.98 +0.01   97.47 101.28 10 YR Treasury 4.130 +0.003   3.932 4.780 Stronger Start on Downbeat Data Tue, Sep 30, 2025 11:25AM No new news on the probably government shutdown, but betting markets show increased odds, for whatever that's worth. The only reason to watch or care about the shutdown (for bond watching purposes, anyway) is to know what this week's menu of econ data looks like.  A shutdown likely means no jobs report. But there are other reports capable of moving the ... (read more) MBS Price Change UMBS 4.5 97.31 +0.02 UMBS 5.0 99.34 -0.08 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 Commercial, NMLS Education Products; STRATMOR on Borrower Experience; LOs and Reverse Mtgs. Tue, Sep 30, 2025 11:46AM “Why do millennials think the government saved their lives? Because they are indebted to it forever.” Here in Colorado, the United States federal government owns more than a third of Colorado land. Quick, build subdivisions! But the federal government is in the news for another reason. Either I’m getting older, or these budget stalemates seem to come more of... (read more) Latest Video Job opening & labor turnover 7.23M vs. 7.1M estimated U.S. 10-year bond yield nears key level Here's what a government shutdown could mean for the economy 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 Bureau of Labor and Statistics August Job Openings and Labor Turnover Summary Eye on Housing Construction Labor Market Softens CNBC Consumer confidence is lower than expected as Wall Street braces for shutdown data blackout CNBC Boston Fed President Collins sees caution on future interest rate cuts Calculated Risk Case-Shiller: National House Price Index Up 1.7% year-over-year in July Calculated Risk Blog A few Comments on the Seasonal Pattern for House Prices CNBC Treasury yields little changed on U.S. shutdown concerns CNBC Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries CNBC Treasury yields slide as investors look ahead to key jobs data Calculated Risk Blog Housing September 29th Weekly Update: Inventory Unchanged Week-over-week Calculated Risk Blog Final Look at Housing Markets in August and a Look Ahead to September Sales Calculated Risk Blog NAR: Pending Home Sales Increase 4.0% in August; Up 3.8% YoY

© 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.