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Mission Chronicle Newsletter Nov 17, 2025

11/17/2025

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Mortgage rates held mostly steady last week as the shutdown ended, and government employeesreturned to work. In the coming weeks, critical economic data will be compiled and released as best aspossible. Unfortunately, some data points may not be available, as the data collection was also halted,and there is no means to recover them. This means analysts and the Fed will be working withincomplete data for a while. In the long run, the loss of data may not seem terribly important, butmortgage companies carefully analyze data as it is released as part of setting mortgage rates. If thedata does not show significant changes, the impact may not be much. However, if the released data,especially inflation and employment, vary significantly, the market and rates could shift quickly.   October’s payroll data, but not the unemployment rate, will be released this week. If it shows negativejob growth, rates will drop on fears of economic slowing and increased odds of a Fed rate cut. The FedMeeting Minutes are also due, and its content could send markets in any direction.     Mortgage Rates and Economic Snapshot
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