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The Mortgage Planner Market Update

Hey [<First Name/>], here’s your weekly mortgage rate update to keep you in the know!

Current National Averages:

30-Year Fixed Conventional: 7.03%

30-Year FHA: 6.39%

30-Year VA: 6.41%

30-Year Jumbo: 7.31%

Market Insight:

Mortgage rates ended the week lower despite a slight bounce on Friday following the jobs report. The overall impact was minimal, leaving the 30-year fixed rate just above 7%.

What’s Next?

The big focus now is next Wednesday’s Consumer Price Index (CPI) report—one of the most influential inflation reports. If inflation comes in lower than expected, we could see mortgage rates drop further.

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