rates

What happened to mortgage rates this week? Mortgage rates jumped 11 basis points to 6.11% this week as volatility caused by geo-political uncertainty outweighed relatively soft economic data. The ongoing conflict in Iran has stoked fears of wartime inflation, sending yields on the 10-year Treasury climbing and driving mortgage rates higher. This shift comes despite

CBN Governor, Olayemi Cardoso High interest rates remain a major concern for businesses, with stakeholders warning that persistently tight monetary policy could slow economic growth and limit access to credit. President of the Enugu Chamber of Commerce, Industry, Mines and Agriculture, Nnanyelugo Onyemelukwe, said the Central Bank of Nigeria’s (CBN) reforms have strengthened transparency and

Jerusalem Post / Health & Wellness Israeli health officials call for sanctions on anti-vaxxers as flu morbidity rate rises Only 17% of Israelis have been vaccinated; health fund CEOs are divided over sanctions versus accessibility. A patient at a Maccabi Health Center in Jerusalem receives a vaccination against the 'H1N1' swine flu. Israeli health authorities

Takeaway: Core CPI inflation came in at 2.6% year over year, much lower than consensus expectations of 3.0%. That’s the largest difference between expectations and reported CPI in recent memory. Rates will fall ever so slightly, but not nearly as much as they normally would given the seismic miss because the data are heavily distorted

Last updated:  October 11, 2025 The global economic perspective has changed once again with the Federal Reserve’s interest rate reduction and with the commencement of an aggressive risk asset revival. Bitcoin (BTC) recorded new all-time gains of over $125,000, meaning that investors are gaining optimism and are showing institutional support. How will crypto investors continue

Takeaway: Rates will remain mostly steady after the Fed executed the already priced-in 25 bps cut and painted a muddy picture in their projection for future rate cuts. Rates fell initially when the Fed’s statement was released, as the projection showed two more 25 bps rate cuts for the two remaining meetings in 2025—one more

Mortgage rates will fall today following a weaker-than-expected jobs report that increases the odds of a September rate cut. U.S. employers added 73,000 jobs in July, fewer than the roughly 100,000 expected by forecasters. Almost all of the job creation previously reported for May and June was revised away and the unemployment rate ticked up

A late-summer window of opportunity with relatively low mortgage rates is upon us, but it may be short-lived.  Late August is typically a slow time for housing activity, with people on vacation and preparing kids to return to school. With mortgage rates now falling on news coming out of a Fed meeting in Jackson Hole