Will a cooling labor market keep mortgage rates below 7% in 2026?
Locked loan data across all borrower credit profiles shows that mortgage rates continue to hover near 7%. But a negative jobs report in July may keep monetary policy makers from initiating a higher path for rates, which some market observers have been predicting for months.
Locked loan data across all borrower credit profiles shows that mortgage rates continue to hover near 7%. But a negative jobs report in July may keep monetary policy makers from initiating a higher path for rates, which some market observers have been predicting for months. This story matters for Real Estate & Property readers tracking asid. Reported by housingwire.com. Read the full original at the source link below.
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