Mortgage Rates Hold Steady As of September 29, 2025

📈 Mortgage Rates Hold Steady as Markets Watch Washington

As we close out September, mortgage rates are starting the week on a steady note — a welcome dose of calm amid ongoing economic uncertainty.

📊 Current Snapshot (as of Sept. 29, 2025)

• 30-Year Fixed Rate: 6.38 % (unchanged)

• 15-Year Fixed Rate: 5.90 % (unchanged)

• 10-Year Treasury Yield: 4.124 % (slightly lower)

Rates remain within a narrow range, and experts say the calm may continue — at least until Washington provides more clarity.

🏛️ What’s Driving the Pause?

1. Government Shutdown Uncertainty
Markets are in wait-and-see mode as Congress faces a deadline to approve federal funding. Even a short-term spending bill could stabilize the situation, but if a shutdown occurs, the bigger issue may be the loss of critical economic data. Key reports — like this Friday’s jobs report — could be delayed, leaving investors and policymakers without vital guidance.

2. Mixed Labor Market Signals
Recent jobs data has been inconsistent, with signs of both strength and softening. Earlier this year, strong job numbers helped push mortgage rates lower, but subsequent reports and inflation pressures have reversed that trend. Each new data release now carries significant weight, and any surprise could jolt rates in either direction.

📌 What This Means for Homebuyers & Homeowners

• Expect short-term stability: Rates are unlikely to make major moves until there’s clarity on government funding or major economic data releases.

• Be prepared for volatility: If the shutdown disrupts economic reporting, markets could react sharply once data resumes.

• Timing matters: With rates steady but still elevated compared to historical lows, locking in a rate when you’re ready remains a sound strategy.

🏡 Bottom Line

Mortgage rates are holding their ground as September ends, offering a brief window of stability. However, that calm could change quickly depending on Washington’s next move and the strength of upcoming economic data. Staying informed — and ready to act — is the best way to navigate the weeks ahead.

📞 Ready to Explore Your Options?

Whether you’re buying your first home, planning a move, or considering refinancing, now is a smart time to review your strategy. Our team specializes in guiding clients through changing market conditions and helping them make confident, well-informed decisions.

👉 Schedule a free consultation with Keith & Sheila Realty Group today to discuss your goals and take the next step toward homeownership or investment success.