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Soft September Jobs Report May Give Fed Reason to Pause Rate Hikes, Slowing Ascent of Mortgage Rates

calendar_today October 2, 2026 person Chen Zhao domain redfin

Takeaway: A soft jobs report may finally offer some relief for mortgage rates, or at least help to stem the march upward. Jobs data is no longer the key to whether the Fed continues to hike, but this data should give them a reason to wait. Jobs data points to a softer job market than […] The post Soft September Jobs Report May Give Fed Reason to Pause Rate Hikes, Slowing Ascent of Mortgage Rates appeared first on Redfin Real Estate News .

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