Mortgage rates held perfectly steady as we kicked off the final week of July. While that might sound like good news, it doesn’t mean things will stay quiet for long.
📉 A Calm Monday, but Volatility Ahead?
Today’s rate movement was basically nonexistent — and that’s not unusual for a Monday without any major economic data releases. The bond market, which heavily influences mortgage rates, had little reason to shift.
But here’s the catch:
👉The rest of the week may bring significant changes.
With key economic reports and events coming up, there’s a strong possibility that rates could bounce in either direction.
💼 Treasury News Didn’t Shake the Market
Some market-watchers expected movement after Treasury borrowing estimates were released. The updated forecast showed a $4 billion increase compared to previous projections — but considering the government often borrows over $500 billion per quarter, it was more of an accounting footnote than a market mover.
Bottom line? Investors shrugged it off, and so did mortgage rates.
🏠 What This Means for You
Whether you’re buying, refinancing, or helping clients navigate their options, today’s flat rates may offer a short-term window of opportunity. If market data this week surprises investors, rates could shift quickly.
At DR Mortgage, we stay ahead of these market trends so you don’t have to. Our team monitors mortgage movement in real time — giving you the insights and tools to make informed decisions and lock in the best possible rate.
💬 Let’s Plan Your Next Move
Ready to take advantage of the calm before the storm?
Reach out today for a custom mortgage consultation. Whether you’re a buyer, Realtor, or Loan Officer, we’re here to help you move forward with confidence.
📞 Contact us at +1 954 995 4988
📧 Or email us at info@thetresgroup.com
🌐 Learn more: The Tres Group
