Market Script (PEG)

Week of 12/01/25

Present Market Conditions

Attributed to Sam Khater, Chief Economist. 

 “Heading into the Thanksgiving holiday, mortgage rates decreased,” said Sam Khater, Freddie Mac’s Chief Economist. “With pending home sales at the highest level since last November, homebuyer activity continues to show resilience as we near the end of the year.”

Expectations  

As investors look for information regarding future rate adjustments and tariffs, they're also looking to fill in the gaps with the missing reports that would have taken place during the shutdown.  Monday starts off the week and the reports with the ISM Manufacturing data, and Wednesday follows with the ISM Services report.  Thursday will bring the weekly Initial Jobless Claims information.  Friday will finish the week with the Consumer Sentiment and Core PCE numbers.  The Core PCE report is one of the Feds favored inflation indicators.  Fed Officials continue to be very busy with multiple speaking events scheduled throughout the week.   

Guidance  

It’s a great time to be in the market for a mortgage!  You’ll want to make sure you take advantage of this great time to buy!