Mortgage Rates 📢 March 10th, 2025

INTEREST RATES

10 year 3-Month Snapshot

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

Rates: Little roller coaster last week with a mixed bag of rates here on Monday.

📉 Inflation Watch: Mortgage Bonds higher, stocks lower ahead of CPI data.

💰 CPI Preview:

• Headline inflation expected 2.8%-2.9% YoY – progress!

• Core inflation could drop to 3.1%-3.2%, but shelter costs (44% of core CPI) remain key.

• Energy prices ⬇ 6% & used car prices ⬇ 0.7% – potential inflation relief.

💬 Fed Update: Powell: No rush to cut rates. Economy solid but GDP revised down (-2.4%).

📆 What to Watch This Week:

• Wed: CPI report, mortgage apps

• Thurs: PPI, jobless claims, 30-year bond auction

👉 Bottom Line: Inflation progress, but rates stay bumpy. Watch shelter costs for real impact!