Market Script (PEG)
Week of 04/06/2026
Present Market Conditions
Attributed to Sam Khater, Chief Economist.
“The 30-year fixed-rate mortgage edged up, averaging 6.46% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “With spring homebuying season in full swing, aspiring buyers should remember to shop around for the best mortgage rate, as they can potentially save thousands of dollars by getting multiple quotes.”
Expectations
This week will provide quite a bit of inflation data. Monday starts off with the release of the ISM Services data. Tuesday follows with the Durable Goods Orders report. Thursday follows with the most up-to-date Initial Jobless Claim, Wholesale Inventories and Core PCE Index. The Core PCE is an inflation tracker that we'll be paying close attention to. Friday finishes up with the Factory Orders and Core CPI data. The Core CPI is another inflation tracker that's being closely watched these days.
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!
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