Mortgage Rates Climb Amid Economic Concerns and Fed Expectations
Mortgage rates surge as markets anticipate further Fed rate hikes, with key economic data releases this week set to shape expectations.
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Mortgage rates surge as markets anticipate further Fed rate hikes, with key economic data releases this week set to shape expectations.
July's surprising job loss of 23,000 positions—far below the 80,000 gain economists expected—could push the Federal Reserve to hold off on rate hikes, offering modest relief to borrowers watching mortgage costs.