Delayed Jobs Data Drops Surprises as Housing Market Gains Momentum

Mortgage Interest Rates Today: Mortgage Rates Rise to 6.26% as Overdue Jobs Report Is Finally Released

After weeks of delayed data, we finally have an update on the labor market—and it’s not exactly what most people expected. Data that was delayed by the federal government shutdown is starting to trickle out. We learned that hiring was more robust than many expected in September, with 119,000 jobs added in the month—largely in … Read more

Record Shutdown Clouds Economic Data, and Housing Is Caught in the Middle

Mortgage Interest Rates Today: Mortgage Rates Rise to 6.22% After Fed Chair Jerome Powell Signals Tougher Policy

Without key government data during this record-breaking shutdown, the signals we do have on the economy are mixed and housing is caught in the middle. The federal government shutdown is now the longest one on record, surpassing the 2018–19 shutdown that lasted 35 days. While lenders have workarounds to keep many home sales on track, … Read more