Mortgage Market Watch: Big Week for Rates

This week is one of the most important of the year for mortgage rates—and it could impact your buying power. A series of major economic events are in motion, including the Federal Reserve meeting, Q2 GDP, jobs data, consumer sentiment reports, and updates on trade policy.

Even though stocks are hitting record highs, bond yields (which influence mortgage rates) have been stuck in a tight range. That may change quickly depending on how this week's data comes in. If consumer spending remains strong, the Fed may delay any rate cuts. But signs of slowing could tip the scales toward easing policy in the months ahead.

We’re also watching the Treasury Department’s bond buyback plans and the July Jobs Report. Any surprises in those numbers could cause mortgage rates to move—sometimes sharply.

If you’re thinking about buying, refinancing, or locking in a rate, now is a great time to talk strategy. Even small shifts in rates can affect your monthly payment and long-term costs.

The team at Oklahoma Mortgage Group is here to guide you through it all with expert, real-time advice.

Call, message, or book a phone chat with us - we're here to help.



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