Mortgage Rates Increase Following Strong Jobs Report

Thursday, July 10, 2025

Following five weeks of falls, mortgage rates reversed course and saw an increase this week, according to the recent Freddie Mac Primary Mortgage Market Survey. Sam Khater, Freddie Mac’s Chief Economist, pointed to a “stronger than expected jobs report” as a reason for the increase in rates. Realtor.com Senior Economic Research Analyst Hannah Jones agreed…

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