Jobs Report Came In Weaker — What That Means for You


Today’s private jobs report showed the U.S. lost about 32,000 jobs in September, even though experts expected a gain. Last month’s numbers were also revised lower.

Normally, weaker job growth gives the bond market a boost—and that helps keep borrowing costs steady. By the end of the day, the average 30-year fixed mortgage rate held near 6.37%, basically unchanged from yesterday.

Bottom line: rates are holding near the lowest levels we’ve seen in almost a year. That stability could give you a good window to explore buying or refinancing.

 

👉 Want to see what that looks like for homes you’re considering? Just comment, message, or give me a call—I’m here to help!

Equal Housing Opportunity. Each office is independently owned, operated, and licensed. Heritage Mortgage KC - NMLS 1720438 (Arkansas, Kansas, and Missouri), and Motto Mortgage Specialists - NMLS 1704915 (Florida).

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