{"id":2105,"date":"2025-11-06T22:41:45","date_gmt":"2025-11-06T22:41:45","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/nice-little-recovery-for-mortgage-rates\/"},"modified":"2025-11-06T22:41:45","modified_gmt":"2025-11-06T22:41:45","slug":"nice-little-recovery-for-mortgage-rates","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/nice-little-recovery-for-mortgage-rates\/","title":{"rendered":"Nice Little Recovery For Mortgage Rates"},"content":{"rendered":"<p> <\/p>\n<div>\n<p>As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The upward momentum was largely a product of 2 specific days: the October 29th Fed announcement and yesterday&#8217;s duo of economic reports that suggested less cause for concern over the labor market and strength of the services sector.<\/p>\n<p>Now today, we have different economic data telling a different story.\u00a0 Were it not for the government shutdown, the market may have never placed nearly as much emphasis on today&#8217;s data. In fact, today is the first time that many market participants have even heard of one of the reports (a synthetic jobs report by Revelio).<\/p>\n<p>Revelio&#8217;s data suggested a decline in payrolls in October.\u00a0 Combined with separate data that showed a surge in job cuts, there was a clearly negative message for the labor market. Bad economic news helps bonds which, in turn, is good for rates. All told, today&#8217;s move completely erased yesterday&#8217;s damage. The average mortgage lender made it almost all the way back down to last Friday&#8217;s levels.<\/p>\n<p><iframe class=\"article-chart\" src=\"https:\/\/www.mortgagenewsdaily.com\/charts\/embed\/mtg-rates-thirty-year-full\"><\/iframe><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The upward momentum was largely a product of 2 specific days: the October 29th Fed announcement and yesterday&#8217;s duo of economic reports that suggested less cause for concern over the labor market and strength of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[153,2109,154,232],"class_list":["post-2105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-mortgage","tag-nice","tag-rates","tag-recovery"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2105","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=2105"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}