Midweek Market Watch — Calm Before the Data

It’s Wednesday, and on the surface, the market looks quiet. Mortgage rates have held steady since the small bump after last week’s bond auction and tariff news.

But we’re only days away from key data releases — and they could move rates quickly:

• This week’s CPI report could confirm or challenge the recent uptick in inflation

• Fed commentary could shift market expectations for September’s meeting

  
  

In this type of market, the best position is to be ready before the data hits. If the numbers surprise lower, rate sheets could improve — but the window might last only a couple of days.

We’re tracking every move so our clients can lock quickly when opportunity strikes.