{"id":308749,"date":"2025-10-16T18:51:17","date_gmt":"2025-10-16T18:51:17","guid":{"rendered":"https:\/\/www.europesays.com\/us\/308749\/"},"modified":"2025-10-16T18:51:17","modified_gmt":"2025-10-16T18:51:17","slug":"mortgage-rates-moved-lower-this-week-but-remain-stuck-in-a-narrow-range","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/308749\/","title":{"rendered":"Mortgage rates moved lower this week but remain stuck in a narrow range"},"content":{"rendered":"\n<p class=\"yf-1090901\">Mortgage rates drifted slightly lower this week as fresh trade tensions rattled the global bond markets.<\/p>\n<p class=\"yf-1090901\">The average 30-year mortgage rate was 6.27% through Wednesday, down from 6.3% a week earlier, according to Freddie Mac data. The average 15-year mortgage rate was 5.52%, from 5.53%.<\/p>\n<p class=\"yf-1090901\">The 10-year Treasury yield, which mortgage rates closely track, has been volatile in recent days as investors weigh the implications of the <a data-i13n=\"cpos:1;pos:1\" href=\"http:\/\/finance.yahoo.com\/news\/live\/trump-tariffs-live-updates-trump-confirms-us-china-trade-war-as-bessent-leaves-door-open-to-tariff-pause-extension-162418922.html\" data-ylk=\"slk:ongoing trade dispute;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" target=\"_blank\" rel=\"noopener\">ongoing trade dispute<\/a> between the US and China. On Friday, Trump said the US would impose an additional 100% tariff on Chinese goods starting on Nov. 1. Later, in a Truth Social post, he suggested a possible de-escalation, saying, \u201cDon\u2019t worry about China, it will all be fine!\u201d<\/p>\n<\/p>\n<p class=\"yf-1090901\">Learn more: <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/personal-finance\/mortgages\/article\/10-year-treasury-note-170612896.html\" data-ylk=\"slk:How does the 10-year Treasury yield affect your finances?;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" target=\"_blank\" rel=\"noopener\">How does the 10-year Treasury yield affect your finances? <\/a><\/p>\n<p class=\"yf-1090901\">Meanwhile, several economic data releases that can influence mortgage rates have been delayed due to the government shutdown. September\u2019s Consumer Price Index report, originally scheduled to be released on Wednesday, will now be published next week.<\/p>\n<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"President Donald Trump speaks during an event in the Oval Office at the White House, Wednesday, Oct. 15, 2025, in Washington. (AP Photo\/John McDonnell)\" loading=\"eager\" height=\"640\" width=\"960\" class=\"yf-1gfnohs loader\"\/> Everything fine with China? President Trump speaks during an event in the Oval Office at the White House, Wednesday, Oct. 15, 2025, in Washington. (AP Photo\/John McDonnell)  \u00b7 ASSOCIATED PRESS    <\/p>\n<p class=\"yf-1090901\">\u201cThe ongoing government shutdown has delayed several major economic data releases, which may have contributed to the narrow range for mortgage rate movements in recent weeks,\u201d Kara Ng, senior economist at Zillow Home Loans, said in a statement.<\/p>\n<p class=\"yf-1090901\">Although mortgage rates are holding steady near year-to-date lows, home sales have stayed slow this fall. Mortgage applications to purchase a home dropped 3% through Friday compared to a week earlier, while refinancings were down 1%, according to Mortgage Bankers Association data.<\/p>\n<p class=\"yf-1090901\">\u201cContinued economic uncertainty, including the effects of the ongoing government shutdown, was likely behind the declines in purchase and refinance applications,\u201d MBA President and CEO Bob Broeksmit said in a statement.<\/p>\n<p class=\"yf-1090901\">Learn more: <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/personal-finance\/mortgages\/article\/lowest-mortgage-rates-155235056.html\" data-ylk=\"slk:8 strategies for getting the lowest mortgage rates right now;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" target=\"_blank\" rel=\"noopener\">8 strategies for getting the lowest mortgage rates right now<\/a><\/p>\n<p class=\"yf-1090901\"><a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/author\/claire-boston\/\" data-ylk=\"slk:Claire Boston;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\">Claire Boston<\/a> is a Senior Reporter for Yahoo Finance covering housing, mortgages, and home insurance.<\/p>\n<p class=\"yf-1090901\"><a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/preferences.newsletters.yahoo.net\/subscribe\/mindyourmoney\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Sign up for the Mind Your Money newsletter;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong>Sign up for the Mind Your Money newsletter<\/strong><\/a><\/p>\n<p class=\"yf-1090901\"><a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/topic\/personal-finance\" data-ylk=\"slk:Click here for the latest personal finance news to help you with investing, paying off debt, buying a home, retirement, and more;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\"><strong>Click here for the latest personal finance news to help you with investing, paying off debt, buying a home, retirement, and more<\/strong><\/a><\/p>\n<p class=\"yf-1090901\"><a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/\" data-ylk=\"slk:Read the latest financial and business news from Yahoo;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\"><strong>Read the latest financial and business news from Yahoo <\/strong><\/a><a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/\" data-ylk=\"slk:Finance;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener\"><strong>Finance<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Mortgage rates drifted slightly lower this week as fresh trade tensions rattled the global bond markets. The average&hellip;\n","protected":false},"author":3,"featured_media":308750,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,79,156177,49089,121787,59910,76608,14606,156178,67,132,68],"class_list":{"0":"post-308749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-global-bond-markets","11":"tag-government-shutdown","12":"tag-mortgage-applications","13":"tag-mortgage-bankers-association","14":"tag-mortgage-rate","15":"tag-mortgage-rates","16":"tag-ongoing-trade-dispute","17":"tag-united-states","18":"tag-unitedstates","19":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115385354499978539","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/308749","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=308749"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/308749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/308750"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=308749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=308749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=308749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}