Reported 2 days ago
The recent jobs report from the U.S. Labor Department reveals a slowdown in job growth, which may lead the Federal Reserve to cut interest rates and consequently lower mortgage rates. With only 22,000 jobs created in August and an increase in unemployment to 4.3%, mortgage rates have already dropped to the lowest levels of 2025, making it an opportune time for homebuyers to enter the market and for those with existing high-rate mortgages to consider refinancing.
Source: YAHOO