We had a crazy jobs week last week, with tons of data that the Federal Reserve was happy to see, but did those labor reports mean we’ve hit peak mortgage rates for 2023? Mortgage rates did fall, purchase application data rose and new listings data came back to trend.
• Mortgage rates went from 7.37% and ended the week at 7.08%
The 10-year yield and mortgage rates were wild…
This story from housingwire.com was posted on 2023-09-04 by @coralca.