10/24/2025
🌤️ Friday Market & Interest Rate Update – October 24, 2025 Good morning and Happy Friday, Northern Colorado!
It’s been a relatively calm week in the mortgage world, with rates holding steady around 6.125% — great news for buyers heading into the slower winter market.
Here’s what’s shaping things this week:
💰 Interest Rates
Mortgage rates continue to hover in the low 6% range, which is encouraging for anyone considering a purchase or refinance. The Federal Reserve is still watching inflation closely, and while there’s talk of two potential rate cuts this year, it’s more likely we’ll see just one, depending on new data from jobs and inflation reports.
🏛️ Government Shutdown Effects
The ongoing government shutdown is starting to ripple through the economy. Roughly 13,000 air traffic controllers and 50,000 TSA agents are working without pay, and military personnel may not receive paychecks on the 1st. While this creates short-term uncertainty, interestingly, it’s also helping to keep mortgage rates from climbing.
📈 Inflation (CPI) Update
The latest Consumer Price Index (CPI) report came in slightly cooler than expected, showing inflation up 0.3% month-over-month and 3% year-over-year. That’s better than forecasted and shows progress toward the Fed’s target of keeping inflation below 3%. The biggest contributor this month was gas prices, which rose 4.1%, while housing costs (shelter) only rose 0.2% — a positive sign for continued inflation improvement.
📊 Market Outlook
Experts like Barry Habib of MBS Highway, one of the most accurate voices in mortgage forecasting, expect that if inflation keeps trending cooler and the shutdown ends soon, rates could dip further or stabilize around 6%.
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💬 Bottom Line:
Rates are staying friendly for fall buyers, and steady housing prices make this an excellent window for those considering a move before the end of the year.
📞 Thinking of buying, selling, or investing? Let’s talk about how today’s market trends fit your goals.
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Dee Ann Garrish
HomeSmart Realty Partners | Loveland, CO
📱 970-889-0478 | 🌐 www.deeanngarrish.com
