The federal government shutdown is still in effect, suspending official data from BLS, BEA & Census.
White House estimates: each week may trim GDP and lift unemployment; Treasury warns of broader damage.
Rating risk and safe‑haven flows are in focus: gold strong, dollar softer, modest bid for Treasuries.
Mortgage Take: Short shutdowns typically support bonds (lower yields). But if it drags past two weeks, credit premia and liquidity risks can push mortgage rates up even as growth slows.
This Week’s Economic Calendar (Bloomberg)
Mon 10/6
UST T‑Bill Auctions (13‑ & 26‑week) — supply tone for rates.
Tue 10/7
International Trade (Aug) government shutdown — would steer GDP trackers.
Wed 10/8
FOMC Minutes (Sep) — watch inflation vs growth language.
Disclosures: NMLS #246527 | Bank NMLS #203463 | Equal Housing Lender This newsletter is for informational/educational purposes and not financial advice. All loans subject to credit and property approval. Programs, rates, terms, and conditions are subject to change without notice and may not be available in all states. This is not a commitment to lend.
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