📉 Mortgage Market Update After Labor Day – 09/02/2025
📉 Mortgage Market Update After Labor Day – 09/02/2025
🎯 What just happened (and what it means for you)
The first trading day after Labor Day is always a wildcard—and today proved it again.
📊 Bonds started off weaker, undoing some of last week’s gains. Why?
🇪🇺 Hotter-than-expected inflation in Europe pushed global yields higher, and U.S. markets followed.
🔧 But weaker U.S. manufacturing data helped cool things off midday.
🏠The result: Mortgage rates are still holding near the lowest levels in nearly a year, despite a rocky morning.
đź’ˇ Bottom Line:
Markets are adjusting after the long weekend, but rates remain attractive. With more key data (like Friday’s jobs report) still ahead, now’s a great time to talk strategy.
📲 Thinking about buying or refinancing? Just message me, comment below, or give me a call—I’m here to help!
Source: Mortgage News Daily
1477465, UNM Financial Group LLC, 1 Bridge Plaza N, Fort Lee, NJ 07024 (201) 937-8120, Licensed by the N.J. Department of Banking and Insurance, Broker will not make any mortgage loan commitments or fund any mortgage loans. Broker arranges loans with third-party providers.
266137, UNM Financial Group LLC, 1 Bridge Plaza N, Fort Lee, NJ 07024, 201-482-8011, Licensed by the N.J. Department of Banking and Insurance, Broker will not make any mortgage loan commitments or fund any mortgage loans. Broker arranges loans with third-party providers.
Brian Youngmok Chung, Residential Mortgage Loan Originator, 266137, UNM Financial Group LLC,1 Bridge Plaza N, Fort Lee, NJ 07024
UNM Financial Group LLC, 1 Bridge Plaza N, Fort Lee, NJ 07024, 1477465 , Residential Mortgage Loan Company
Brian Youngmok Chung, Residential Mortgage Loan Originator, 266137, UNM Financial Group LLC,1 Bridge Plaza N, Fort Lee, NJ 07024
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