10/06/2025
Mortgage Market Update — Week of October 6th
As we move into October, mortgage rates are holding steady — which, believe it or not, is a good thing. In a market that’s been unpredictable all year, a little consistency brings much-needed stability.
With the federal government shutdown, key reports like September’s jobs data aren’t being released. That leaves the market guessing — and when investors don’t have new info, they tend to keep things right where they are.
🔍 The short version:
If the shutdown drags on → softer data could push rates down.
If it ends quickly → inflation could nudge rates up.
For now, we’re in a holding pattern — and sometimes, no news is good news.
🏡 My advice: Focus on what you can control — your credit, your savings, and your timing. When the data comes back and the market shifts, you’ll be ready to act from a position of strength.
— Robert Courts, Raleigh’s Mortgage Professor
