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Mortgage Rates Dip Amid Weak Jobs Report; CPI Looms

12/17/2025

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Summary

Story summary

Mortgage rates have slightly decreased and remain in a narrow range since early September.
The latest jobs report, the first since the government shutdown, showed weaker employment data but did not alter the labor market narrative.
The report is crucial for interest rates, with unemployment as a key focus.
Volatility risks persist as the Consumer Price Index (CPI) report is awaited later this week, which will influence rate movements.

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Story summary

Mortgage rates have slightly decreased and remain in a narrow range since early September.
The latest jobs report, the first since the government shutdown, showed weaker employment data but did not alter the labor market narrative.
The report is crucial for interest rates, with unemployment as a key focus.
Volatility risks persist as the Consumer Price Index (CPI) report is awaited later this week, which will influence rate movements.