Steady as We Head Into Labor Day Weekend
Mortgage rates held steady again this week, staying right in line with where they have been the last few weeks. For buyers, this means no big surprises as we close out August and for sellers, it keeps some consistency in the market as we move into the long holiday weekend.
What to Watch Next Week
Next week kicks off September, and markets will be watching new economic data closely. Jobs reports and inflation updates often influence mortgage rate trends. If the data shows a cooling economy, rates could edge lower. If it points to growth or higher inflation, we may see some upward pressure.
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