{"id":1741,"date":"2025-10-01T19:54:38","date_gmt":"2025-10-01T19:54:38","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/mortgage-rates-remain-unchanged-after-downbeat-employment-report\/"},"modified":"2025-10-01T19:54:38","modified_gmt":"2025-10-01T19:54:38","slug":"mortgage-rates-remain-unchanged-after-downbeat-employment-report","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/mortgage-rates-remain-unchanged-after-downbeat-employment-report\/","title":{"rendered":"Mortgage Rates Remain Unchanged After Downbeat Employment Report"},"content":{"rendered":"<p> <\/p>\n<div>\n<p>Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly jobs report from the Department of Labor is in a league of its own in that regard, and while we won&#8217;t get that this week due to the shutdown, this morning brought the release of a similar private sector report.\u00a0<\/p>\n<p>The ADP Employment report showed the job count dropping by 32k&#8211;well short of the forecast for a 50k increase.\u00a0 In addition, the previous month&#8217;s 54k was revised down to -3k. Bonds responded immediately and generally moved back in line with the stronger levels from yesterday morning.<\/p>\n<p>As such, mortgage rates were able to start the day right in line with yesterday&#8217;s opening levels. The average 30yr fixed rate has been very flat for nearly 2 weeks now. The biggest risk\/opportunity for a meaningful change would follow the eventual release of the jobs report, but that date is TBD for now.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly jobs report from the Department of Labor is in a league of its own in that regard, and while we won&#8217;t get that this week due to the shutdown, this morning brought the release of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[1684,1081,153,154,261,285,1141],"class_list":["post-1741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-downbeat","tag-employment","tag-mortgage","tag-rates","tag-remain","tag-report","tag-unchanged"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=1741"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/1741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/1742"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=1741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=1741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=1741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}