Hot January Jobs Report Will Nudge Mortgage Rates Up Slightly
By: Chen Zhao | Published: 2026-02-11 15:06:51 | Source: www.redfin.com
A stronger-than-expected jobs report is likely to push mortgage rates up a bit, but the impact will be small. The strong labor market may also bring some house hunters off the sidelines.
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Takeaway: An upbeat January jobs report will increase mortgage rates slightly, reversing yesterday’s small decline, which was driven by disappointing retail sales data.
Today’s data is unmistakably…
