Mortgage Market Update 7-2-25 | A Negative JOBS Number w/ADP Its Impact on Interst Rates

📉 Market Watch: What the Latest Jobs Reports Mean for Mortgage Rates
Happy 4th of July week! 🇺🇸 In this week’s update, we’re breaking down a short but impactful week in the financial markets. We dive into the ADP Jobs Report that just came out—showing a surprising loss of 33,000 jobs—and what that could mean for interest rates and mortgage bonds.
Here’s what we cover:

• Why job numbers and unemployment data are key to whether the Fed cuts rates
• The difference between ADP vs. BLS Jobs Reports
• A historical look at the Fed Funds Rate vs. mortgage rates
• What happened last time the Fed cut rates (Sept 2023) and why we’re watching trends closely
• How recent jobs and inflation data are setting the stage for a potential rate cut later this month
• What this means for buyers, sellers, and agents in the real estate market

📅 With the BLS Jobs Report dropping tomorrow, we’re positioned for a potential shift in rates—and this could be your opportunity to start conversations with clients about what’s ahead.