Mortgage Rates 📢 September 29th, 2025

INTEREST RATES

10 Year T-Note 90-day 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

💡 Why This Matters

Mortgage rates ticked higher after the Fed’s September 17th cut (as expected) and have since settled into a holding pattern. Right now, markets are waiting on this week’s jobs data and any developments around a potential government shutdown. Both could shift momentum:

• 📊 Jobs Report Friday – A weaker labor market could spark a rally in bonds and push mortgage rates lower. A stronger report does the opposite.

• 🏛️ Government Shutdown Risk – If data releases are delayed, uncertainty can create volatility in mortgage pricing.

• 🔄 Fed’s Next Moves – Fed officials remain divided on how quickly to ease policy. Their tone in upcoming speeches will keep influencing expectations.

👉 Realtor Insight: Buyers should not expect big rate drops in the near term. We are in a sideways market where data surprises, like this Friday’s jobs report, will be the catalyst for the next move.