US Mortgage Rates Hold Steady as Trump and US Politics Take Center Stage

Key stats included September’s ISM Non-Manufacturing PMI and August’s JOLTs job openings were in focus.

While service sector activity picked up in September, labor market indicators raised red flags once more.

Continuing the trend seen in recent months, the purchase market is growing at a strong clip.

Key stats include September inflation figures due out on Tuesday and Wednesday.

While we can expect the stats to influence yields, the focus will remain on Capitol Hill and the Presidential Election race.

From elsewhere, Brexit and economic data from China will also influence market risk sentiment in the week.

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