Wed Feb 05 19:20:00 UTC 2025: ## Mortgage Rates Remain Unusually Stable Amidst Political and Economic Uncertainty

**Washington, D.C. –** Mortgage rates have shown remarkable stability over the past month, defying expectations given the usual volatility associated with a new presidential administration and ongoing economic uncertainty. According to leading mortgage rate trackers, the average 30-year fixed rate has remained within a remarkably narrow range of just 0.07% since January 17th, with no change exceeding 0.05% at any point. This is significantly less movement than a typical day of market fluctuation, which often sees changes exceeding 0.12%. In fact, rates have not moved at all since last Thursday.

While political developments and market shifts have occurred, their impact on mortgage rates has been minimal, effectively canceling each other out. However, experts warn against complacency. The upcoming week is crucial, with several major economic reports due, including Friday’s jobs report and Wednesday’s Consumer Price Index (CPI). These reports could significantly influence mortgage rates, potentially ending the current period of unusual calm. Borrowers are advised to monitor these reports closely, as they may impact future borrowing costs.

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