After going to great lengths to explain why the Fed Funds Rate isn’t the same as mortgage rates, we’ll now have to discuss how the Fed nonetheless found a way to push rates lower this week.
Source: Kevin Litwicki MBSLIVE
Rates Closing in on 8 Month Lows

This week ended up being underwhelming in terms of interest rate movement despite the much-anticipated Fed announcement on Wednesday.
Source: Kevin Litwicki MBSLIVE
Fed Holds Steady; Mortgage Rates Fall

The juxtaposition of last week’s jobs report and this week’s Consumer Price Index (CPI) created a fair amount of volatility, but for fans of low mortgage rates, it’s too soon to care.
Source: Kevin Litwicki MBSLIVE
Good News on Inflation, But Don't Expect a Fed Rate Cut

For nearly 2 months, rates have been in limbo, stuck between the lower, more stable levels seen in March and the higher range seen at the beginning of the year. With many market participants waiting for more clarity on trade policies, it has been up to major economic data to make a case for any major moves in rates.
Source: Kevin Litwicki MBSLIVE
Jobs Report Chases Rates Back Into The Range