Mortgage Rates Today, Jan. 7, 2025: Employment Week Starts Today
The first of this week's four employment-related reports is due today. And Trump plans begin to come into focus.
The first of this week's four employment-related reports is due today. And Trump plans begin to come into focus.
Among this week's economic reports, Friday's jobs report is likely to be by far the most consequential for mortgage rates.
This week, "mortgage rates reached their highest point in nearly six months,” says Freddie Mac. But an end may be in sight.
Mortgage rates could go either way in 2025. But let's try to stay positive.
Economic forecasting is a foolish waste of time. So, let's get started.
Mortgage rates rose last week despite little on the calendar to drive them higher. Will the same happen this week?
Nothing much has happened this week that would typically affect mortgage rates. Yet those rates have still moved moderately upwards.
We might be in for another quiet day for mortgage rates. Fingers crossed!
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