Mortgage Rates Slightly Higher After Upbeat Economic Reports

Thursday was the first day of the week with any meaningful economic reports. This is important to mortgage rates because economic data influences the bonds that determine day-to-day changes in rates.  In general, stronger data is bad for rates and today was no exception.   While today's GDP data was for Q2 (and thus fairly stale), it was revised up from 3.3 to 3.8 which is a fairly big jump. In separate reports, the level of weekly jobless claims fell to much lower than expected levels and a report on big ticket manufactured goods showed much stronger demand than expected. All of these reports came out at 8:30am ET, which is roughly an hour before mortgage lenders begin setting rates for the day. This gives the bond market time to move to weaker levels resulting in mortgage lenders setting higher rates. Fortunately, the damage in the bond market was modest and the average lender didn't drift too much higher versus yesterday's latest levels. 

September 25, 2025 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.39% +0.02%   6.13% 7.26% 15 Yr. Fixed 5.90% +0.01%   5.55% 6.59% 30 Yr. Jumbo 6.30% +0.03%   6.14% 7.45% Compare Mortgage Rates from Local Lenders for Sep 25, 2025 Mortgage Rates Slightly Higher After Upbeat Economic Reports Thu, Sep 25, 2025 2:47PM Thursday was the first day of the week with any meaningful economic reports. This is important to mortgage rates because economic data influences the bonds that determine day-to-day changes in rates.  In general, stronger data is bad for rates and today was no exception.   While today's GDP data was for Q2 (and thus fairly stale), it was revised up from 3.3 to 3.8 which is a fairly big jump. In separate reports, the level of weekly jobless claims fell to much lower than expected levels and a report on big ticket manufactured goods showed much stronger demand than expected. All... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.39% +0.02 0.00 15 Yr. Fixed 5.90% +0.01 0.00 30 Yr. FHA 6.06% +0.01 0.00 30 Yr. Jumbo 6.30% +0.03 0.00 7/6 SOFR ARM 5.82% 0.00 0.00 30 Yr. VA 6.08% 0.00 0.00 Updates Daily - Last Update: 9/25 Freddie Mac Rate Change Points 30 Yr. Fixed 6.30% +0.04 0.00 15 Yr. Fixed 5.49% +0.08 0.00 Updates Weekly - Last Update: 9/25 Mortgage Bankers Assoc. 30 Yr. Fixed 6.34% -0.05 0.57 15 Yr. Fixed 5.70% +0.07 0.69 30 Yr. Jumbo 6.44% -0.04 0.34 Updates Weekly - Last Update: 9/24 UMBS 30YR 5.0 99.05 -0.21   95.05 100.21 UMBS 30YR 5.5 100.78 -0.13   97.47 101.36 10 YR Treasury 4.179 +0.030   3.738 4.780 Stronger Data Hurting Bonds Thu, Sep 25, 2025 10:54AM It's been a fairly straightforward morning so far with economic data coming out much stronger than expected.  While the reports in question are not in the "big ticket" category of market movers, they can add up in cases where they all send the same message. That's exactly what happened this morning with jobless claims, durable goods, and GDP all coming ... (read more) MBS Price Change UMBS 4.5 96.94 -0.20 UMBS 5.0 99.05 -0.21 UMBS 5.5 100.78 -0.13 GNMA 4.5 96.85 -0.32 GNMA 5.0 99.37 -0.16 GNMA 5.5 100.69 -0.10 Pricing as of: 9/25 3:36PM EST US Treasury Yield Change 2 YR Treasury 3.666 +0.061 5 YR Treasury 3.773 +0.057 7 YR Treasury 3.952 +0.044 10 YR Treasury 4.179 +0.030 30 YR Treasury 4.757 +0.005 Pricing as of: 9/25 3:36PM EST Other News Loan Pricing, AI Marketing, Fee Collection, QC, Borrower Mining Tools; $2 Trillion in 2025? Non-Agency Marches On Thu, Sep 25, 2025 11:45AM “I just won $10 in the lottery! The 7-11 clerk wanted to sell me a $10 lottery ticket in Atlanta. I said no.” Hopefully most people realize that a lottery is simply a tax on people who don’t know math (given the odds of winning). But the amount of equity that homeowners have, as a whole, is a sure thing… and staggering. U.S. homeowners now hold a record $17.... (read more) Latest Video Jobless claims tumble to 218,000, well below estimate despite fears of labo... Existing home sales for August -0.2% vs. -1.5% estimated HousingWire's Logan Mohtashami: Whenever mortgage rates head near 6%, housi... New home sales jump Around the Web CNBC Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness CNBC Existing home sales stall in August amid higher mortgage rates Fox Business US economy grew faster than expected in the second quarter CNBC New home sales soar 20% in August to a three-year high CNBC Mortgage demand stalls after mini refinance boom Realtor.com Rent Isnt What It Seems: The Hidden Fees Driving Up Housing Costs and the States Taking Action Seeking Alpha August durable goods orders surprise higher on transportation equipment Calculated Risk Blog ICE First Look at August Mortgage Performance: "Delinquencies Up on Calendar Effect; Foreclosure Activity Slowly Trending Higher" Federal Reserve September 23, 2025 - Economic Outlook Chair Jerome H. Powell CNBC Treasury yields little changed as investors await key jobs data CNBC Seasonal retail hiring to fall to lowest level since 2009, signaling trouble for holidays, report says Eye on Housing Single-Family Construction Loan Volume Falls Back CNBC Treasury yields tick lower as investors await further economic data

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