Multiple important refinance rates have dropped. Refinance rates change daily, but experts say rates could inch down in the coming months.

“Rates typically move higher if job openings are higher than expected, all else equal,” wrote Matthew Graham, chief operating officer at Mortgage News Daily, adding that this data-driven volatility is nothing compared with what could be seen on Thursday following the government’s release of the monthly employment report.

Mortgage rates drop slightly this week. The 30-year fixed sits at 6.75% and the 15-year at 5.77%. What’s driving the changes?