It’s that time again, maybe. By this time next week, we will either be several days into another government shutdown or in the throes of volatility following the big jobs report, but it’s probably one or the other.
Source: Kevin Litwicki MBSLIVE
How Next Week's Potential Shutdown Could Impact Rates

mortgage rates surged HIGHER after this week’s Fed rate cut–a seemingly paradoxical move that has exposed widespread confusion about the nature of mortgage rate movement. Let’s clear it up!
Source: Kevin Litwicki MBSLIVE
Mortgage Rates Jump Higher After Fed Rate Cut. Confused? Don't Be…

Markets have settled into a cycle that favors the jobs report as the only critical economic data as far as rates are concerned. This weeks inflation data had a chance to claim/preserve a role as a strong supporting actor, but instead, it basically stood aside and left focus on the labor market and the Fed’s interpretation of recent labor market weakness.
Source: Kevin Litwicki MBSLIVE
The Fed is Cutting Rates Next Week, But Not Mortgage Rates

A sharply weaker jobs report helped already-low mortgage rates drop at the fastest pace in more than a year.
Source: Kevin Litwicki MBSLIVE
Job Count and Mortgage Rates Go Cliff-Diving