@tuckerhomeloans: Friday's jobs report came in softer than expected 📊* Good news for rates right? Not so fast… 😬 The MBS market (what actually drives mortgage rates) started the day moving in the right direction but ended up finishing WORSE by end of day 📉 Then this morning we got a manufacturing report with an inflation reading that came in hotter than expected 🔥 The result? A significant adverse move in the mortgage securities market pushing rates higher 📈 Here's what this tells me: The Fed has what's called a dual mandate — ✅ Maximum employment ✅ Price stability (inflation) Based on what we are seeing in the data right now the focus is shifting heavily toward INFLATION 🎯 What does that mean for you? 🏡 The rate environment is going to remain volatile 👀 Upcoming economic reports are going to be critical 📊 Being strategic about HOW you finance your home has never mattered more This is exactly why having the right loan officer in your corner is everything right now DM me or drop a comment and let's talk strategy 👇 #mortgagerates #interestrates #inflation #fargo #mortgage

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Tuesday 06 October 2026 02:02:38 GMT