The government shutdown has caused delays in closing FHA and VA loans for homebuyers and sellers, as well as obtaining required flood insurance through FEMA. While the shutdown has officially ended, federal workers are still waiting on payment and air travel disruptions may continue. Mortgage rates could see movement as investors potentially sell Treasury bonds and move money into stocks, impacting Treasury yields and mortgage rates. Factors such as inflation data and deficit spending could also influence mortgage rates in the coming weeks. Cooling inflation data could contribute to lower interest rates in the future.
Read more at Yahoo Finance: What Will Mortgage Rates Look Like as We Come Out of a Government Shutdown?
