February 5, 2025

Mortgage rates have stayed remarkably stable 📉 for the past few weeks, with minimal movement. Since January 17th, the average 30-year fixed rate has remained within a tight 0.07% range, with no daily shifts exceeding 0.05%—far below typical market volatility 📊.

Despite political events that could have caused fluctuations, their effects have balanced out, keeping rates steady ⚖️. However, this calm may not last, as key economic reports, including Friday’s jobs report and next Wednesday’s Consumer Price Index, could shake things up 📢.