October 13, 2025 Market Update Courtesy of Envoy Mortgage
Written by Andrew Schmidt
Market Spotlight
Week of October 13th, 2025 | #182
What You Need to Know
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Rate Update
KEY TAKEAWAY: The market chaos is back—rates are steady, but headline-driven volatility could spike at any moment.
Mortgage rates are holding near 6.3%, matching 11-month lows, but markets were shaken last week by a $2 trillion sell-off in response to new U.S.–China tariff threats. Bonds benefited as investors fled to safety, keeping mortgage rates anchored.
This week, most economic data remains delayed due to the government shutdown, but the White House has ordered the Bureau of Labor Statistics to release CPI inflation data on Oct. 24. Until then, headlines—not fundamentals—will drive the market. Fed Chair Jerome Powell and several Fed members will speak this week, likely reinforcing patience as they wait for clearer data.
Tags
Envoy mortgage, homes for sale, real estate, realtor broken arrow
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