📉 Mortgage Market Update After Labor Day – 09/02/2025
🎯 What just happened (and what it means for you)
The first trading day after Labor Day is always a wildcard—and today proved it again.
📊 Bonds started off weaker, undoing some of last week’s gains. Why?
🇪🇺 Hotter-than-expected inflation in Europe pushed global yields higher, and U.S. markets followed.
🔧 But weaker U.S. manufacturing data helped cool things off midday.
🏠 The result: Mortgage rates are still holding near the lowest levels in nearly a year, despite a rocky morning.
💡 Bottom Line:
Markets are adjusting after the long weekend, but rates remain attractive. With more key data (like Friday’s jobs report) still ahead, now’s a great time to talk strategy.
📲 Thinking about buying or refinancing? Just message me, comment below, or give me a call—I’m here to help!
Source: Mortgage News Daily
