{"id":46806,"date":"2025-07-07T20:02:07","date_gmt":"2025-07-07T20:02:07","guid":{"rendered":"https:\/\/www.europesays.com\/us\/46806\/"},"modified":"2025-07-07T20:02:07","modified_gmt":"2025-07-07T20:02:07","slug":"mortgage-rates-continue-higher-for-third-straight-day","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/46806\/","title":{"rendered":"Mortgage Rates Continue Higher For Third Straight Day"},"content":{"rendered":"<p>For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in <a href=\"https:\/\/www.mortgagenewsdaily.com\/mortgage-rates\" rel=\"nofollow noopener\" target=\"_blank\">mortgage rates<\/a>. During that time, rates were either lower or unchanged every single day. The past few business days have been a different story.<\/p>\n<p>This began last Wednesday as the bond market began a small correction ahead of Thursday&#8217;s big jobs report.\u00a0 A correction is a normal occurrence that often follows an extended run in either direction. They can be as short as a single day or they can mark bigger picture turning points.<\/p>\n<p>We&#8217;ll never know if last week&#8217;s correction would have been a one day affair because the very next day, the jobs report continued pushing rates higher.\u00a0 At that point, rate movement was no longer a correction. Rather, it was a response to economic data.\u00a0<\/p>\n<p>Now at the start of the new week, there&#8217;s been some follow-through to last Thursday&#8217;s rising rate momentum (Friday was closed for the 4th), carrying the average mortgage rate to the highest levels since June 25th. That&#8217;s the bad news.<\/p>\n<p>The good news is that June 25th&#8217;s rates were the lowest since early April at the time.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility&hellip;\n","protected":false},"author":3,"featured_media":46807,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,135,67,132,68],"class_list":{"0":"post-46806","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114813740284941077","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/46806","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=46806"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/46806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/46807"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=46806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=46806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=46806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}