Rates Just Hit A 12-month Low!

U.S. Jobs Data Disappoints — But A Silver Lining for Homebuyers Emerges

Date: September 5, 2025

Today’s U.S. jobs report revealed a serious slowdown in hiring: the economy added just 22,000 jobs in August—well below expectations of around 75,000. This marks a stark deceleration in labor market growth, with June’s figures even revised to show a loss of 13,000 jobs, the first contraction since 2020. The unemployment rate ticked up to 4.3%, the highest level since 2021.

The weak jobs numbers have elevated expectations for more aggressive Federal Reserve action, with markets increasingly pricing in the possibility of a half-percentage-point rate cut at the next Fed meeting.

In response, mortgage rates dove dramatically—marking the largest single-day drop in more than a year—bringing rates to their lowest levels in 2025. For example, 30-year fixed mortgage rates fell by 16 basis points on Friday, sinking to levels not seen since October 2024.

Read more details here at CNBC

What’s Next? Forecasts Point to Further Rate Easing

Some experts now anticipate that mortgage rates could fall by an additional half a percentage point by year-end, potentially driving 30-year fixed rates into the low-6 percent range.

A Surge in Buyer Activity Could Be Right Around the Corner

This extraordinary confluence of weak jobs data and plunging mortgage rates creates a powerful opening for homebuyers. Many prospective buyers who’ve been “on the fence” may finally jump into the market as borrowing costs near more favorable territory.

With refinancing opportunities expanding and monthly mortgage payments becoming more manageable, our expectation is clear: buyer activity is set to surge.

Ready to Act? Here’s What Homebuyers Can Do Now:

• Lock in today’s lower rates—still among the best of 2025.

• Explore refinancing options if you already have a mortgage.

• Connect with a trusted mortgage advisor to assess your purchasing or refinancing power.

• Stay tuned to Gina Piper Real Estate—we’re monitoring rate trends and buyer sentiment daily, and will help you act fast.