May 9, 2025

Bureau of Labor Statistics

Mortgage

Trump’s tariffs, not jobs, are driving mortgage rates lower this week

In 2024, when the 10-year yield broke to the lows for that year, we had a series of labor reports that missed estimates, but that has not been the case this week, something I talked about on this episode of the HousingWire Daily podcast. BLS Jobs Friday and jobs week data From BLS: Total nonfarm

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