Published August 26, 2025
August 25, 2025 Market Update courtesy of Envoy Mortgage

Market SpotlightWeek of August 25th, 2025 | #175 |
What You Need to Know |
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Rate Update |
KEY TAKEAWAY: Powell’s Jackson Hole speech opened the door to a possible September rate cut, sending mortgage rates to their lowest levels of 2025. Last week, all eyes were on Fed Chair Jerome Powell’s Jackson Hole speech, and it didn’t disappoint. He acknowledged a weaker labor market while reaffirming inflation risks, signaling the Fed may lean toward a September cut. That hint sparked a quick bond rally and nudged mortgage rates to their lowest point since October 2024.
This week brings plenty of data that could test the market’s optimism: new and pending home sales, home-price data, and the Fed’s preferred inflation gauge (PCE). We’ll also hear from Fed members and see how jobless claims are trending—now the key metric shaping Fed policy. |