KEY TAKEAWAYS
Mortgage rates remain stable amid the federal government shutdown, currently at 6.34%.
Zions Bank's Jeremy Holmgren warns prolonged shutdown could increase rate volatility.
Economic data delays may cause market adjustments once government data resumes, experts say.
SALT LAKE CITY — So far, mortgage rates aren't moving much as the impasse that shuttered the federal government continues.
The weekly average for a 30-year fixed-rate mortgage hit 6.34% on Thursday, the day after the shutdown of the U.S. government, according to the Federal Home Loan Mortgage Corporation that's better known as Freddie Mac.
That's a 0.04 percentage point increase from the week ending Sept. 25. Earlier in September, Freddie Mac's weekly average for the same type of mortgage had fallen to 6.26