Mortgage Rates 📢 September 8th, 2025

INTEREST RATES

Rate data as of morning of publication. Unless noted otherwise, all scenarios are assuming 30 Year-Fixed mortgage, Purchase or R/T Refinance. No origination points charged, 780 FICO score, and 20% down payment. Provided for consumer education only and does not serve as a binding offer to extend lending. Payment period, interest rate, APR, and other terms subject to income, asset, and credit profile qualification. Provided courtesy of GTG Financial, Inc. NMLS 1595076. Equal housing opportunity. www.nmlsconsumeraccess.org

💡 Why This Matters

📉 Rates are sliding fast – Mortgage rates have dropped about 0.25%–0.375% across the board in just the last week. That’s a meaningful improvement in buyer affordability.

👷 Weak job market is driving it – The labor market is softening, with major revisions showing job growth was overstated earlier this year. If tomorrow’s QCEW jobs revision confirms big losses, it strengthens the case for multiple Fed rate cuts.

🏡 Housing demand is steady – ICE reports home values are up 1.1% year-over-year, and buyers are jumping back in as rates fall. That’s a recipe for more competition and upward pressure on prices.

📆 Key dates to watch –

• Tuesday: QCEW Jobs Revision (big impact expected)

• Wednesday: Mortgage Apps + PPI

• Thursday: Jobless Claims + CPI

👉 Realtor Insight: This rate drop is opening the door for sidelined buyers. Use it to re-engage clients who were priced out earlier this year — affordability just improved, and activity is heating back up.