⚠️ Rate Alert: October 3rd Deadline - Sigma Home Lending

⚠️ URGENT: October 3rd Jobs Report moves rates in 30 seconds - Are you ready?

The Fed Cut Rates.
Mortgages Went UP.

Why Rates Went UP After Fed Cut

⚡ 2-minute explanation

Fed cut 25bps on Sept 18. Rates jumped 24bps. October 3rd's jobs report will move rates again in seconds.

6.27%

Current Rate

+24bps

Since Fed Cut

60%↑

Refi Activity

Start Application Book 15-Min Review

Why Rates Went UP After Fed Cut

⚡ 2-minute explanation

⏰ Time Until October 3rd Jobs Report (8:30 AM ET)

Days

Hours

Minutes

Seconds

The Pattern Is Clear

Markets move before Fed announcements, not after. Here's what happened in September.

30-Year Fixed Mortgage Rate

September 11-25, 2025 (Daily Rate Index)

Lowest Rate (6.13%)

Fed Cut

Current Rate (6.37%)

"Markets price in Fed moves weeks before announcements. When the Fed actually cuts, the 'buy the rumor, sell the news' effect often pushes rates higher. Smart money moves before, not after."

— Senior Mortgage Capital Markets Analyst

Q2 GDP Revised

3.8%

vs 3.3% expected - economy stronger than Fed thought

Jobless Claims

218K

vs 235K expected - labor market tighter than expected

10-Year Treasury

4.19%

Up from 4.04% pre-Fed - driving mortgage rates higher

Refi Applications

+60%

Year-over-year despite higher rates

Two Types of Borrowers on October 3rd

Which one will you be when rates move?

Not Ready

October 3rd: Rates drop
Frantically calls lender
Needs approval first
Process takes 7-10 days
Rates bounce back up
Opportunity missed forever

✓

Ready

Already pre-approved
Watching rate movements
October 3rd: Rates drop
One call to lock
Rate secured in 30 seconds
Saving $100+ monthly

Three Dates Control Your Rate

Each report releases at 8:30 AM ET. Rates move instantly.

October 3

Jobs Report

Most critical data point. Strong report = rates up. Weak report = rates down. Decision in seconds.

October 15

CPI Inflation

Fed's preferred metric. Hot inflation complicates further cuts. Markets react instantly.

October 28-29

Fed Meeting

Next rate decision. Market expects another cut, but it may already be priced in.

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Loans in 2025

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Approval Time

States Licensed

Common Questions

Everything you need to know about timing the market.

Why did rates go up after the Fed cut?

The Fed cut was already priced in before the announcement. Then strong GDP data (3.8% vs 3.3% expected) and low jobless claims (218K vs 235K expected) showed the economy was stronger than the Fed thought, pushing rates higher.

What happens on October 3rd?

The September Jobs Report releases at 8:30 AM ET. As the Fed's most watched indicator after explicitly citing "downside risks to employment," this data will validate or challenge their rate cut. Markets will react within seconds.

Should I wait for more Fed cuts?

The Fed may cut again October 28-29, but as we saw in September, Fed cuts don't guarantee lower mortgage rates. The 10-year Treasury (which drives mortgage rates) moves on economic data, not Fed policy alone.

How fast does approval take?

Full approval in 24-48 hours with complete documentation. But you need approval BEFORE rates move. Starting after October 3rd means missing the opportunity if rates drop.

"The September Jobs Report on October 3rd is now the most important near-term indicator. After the Fed cited a weakening labor market as rationale for cutting, this report will be the first major test of that thesis."

— Capital Markets Director, Major Mortgage Lender

October 3rd Won't Wait For You

Getting approved takes 48 hours. Missing the opportunity lasts forever. Smart money is already moving.

Start Application Now Call (734) 540-1915 Schedule Review

The Fed Cut Rates.Mortgages Went UP.