As rates dip and policy shifts, is the housing market about to wake up again?
By: Cubie Hernandez | Published: 2025-06-28 08:38:00 | Source: www.housingwire.com
Just last week, mortgage rates unexpectedly improved by as much as 0.25%, fueled by the weakest private-sector jobs report in over a year. According to ADP, only 37,000 new jobs were added in May, barely a third of what economists had forecast.
Bond traders didn’t take long to respond. Treasuries rallied. Yields dipped. And mortgage-backed securities followed suit, dragging home loan rates lower.
What does this mean for homebuyers? Maybe not everything, but possibly more than nothing.
Reading between the numbers
The headlines paint a story of job stagnation and economic slowdown. But the underlying details reveal something more nuanced. The majority of the job losses were in small businesses, hospitality, and other service sectors. These aren’t typically the same…
