{"id":297146,"date":"2025-10-12T11:31:17","date_gmt":"2025-10-12T11:31:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/297146\/"},"modified":"2025-10-12T11:31:17","modified_gmt":"2025-10-12T11:31:17","slug":"mortgage-rates-lowest-since-fed-day-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/297146\/","title":{"rendered":"Mortgage Rates Lowest Since Fed Day"},"content":{"rendered":"<p><a href=\"https:\/\/www.mortgagenewsdaily.com\/mortgage-rates\" rel=\"nofollow noopener\" target=\"_blank\">Mortgage rates<\/a> saw their biggest day-over-day decline of the past several weeks today in response to unexpected news regarding additional tariffs on China. Trump had previously been scheduled to meet with China&#8217;s President Xi in 2 weeks, but\u00a0 today said there was no reason to do so and that the administration is currently calculating a massive increase in Chinese tariffs.\u00a0<\/p>\n<p>Stocks and bonds immediately responded with the former moving lower and bonds rallying.\u00a0 When bonds rally, <a href=\"https:\/\/www.mortgagenewsdaily.com\/mortgage-rates\" rel=\"nofollow noopener\" target=\"_blank\">interest rates<\/a> move lower, all else equal. Mortgage lenders use mortgage-backed securities (MBS) to determine what rates they can offer.\u00a0 When bonds move enough during the course of a day, mortgage lenders can reissue higher\/lower mortgage rates.\u00a0 Today&#8217;s big mid-day rally is resulting in fairly widespread improvements.<\/p>\n<p>The net effect is an average 30yr fixed rate that is now as low as it&#8217;s been since the September 17th Fed meeting. For context, today&#8217;s rates are only a hair lower than October 3rd.<\/p>\n","protected":false},"excerpt":{"rendered":"Mortgage rates saw their biggest day-over-day decline of the past several weeks today in response to unexpected news&hellip;\n","protected":false},"author":3,"featured_media":297147,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,67,132,68],"class_list":{"0":"post-297146","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-united-states","10":"tag-unitedstates","11":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115360975268408007","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/297146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=297146"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/297146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/297147"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=297146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=297146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=297146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}