Market Script (PEG)

Week of 10/13/2025

Present Market Conditions

Attributed to Sam Khater, Chief Economist. 

“Mortgage rates decreased this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Over the last few weeks, mortgage rates have settled in at their lowest level in about a year. There is growing evidence that homebuyers are digesting these lower rates and gradually are willing to move forward with buying a home, which is boosting purchase activity.” 

Expectations

If the government shutdown continues there is a strong possibility that no major economic data will be released.  If there are any releases you can look to see the Producer Price Index (PPI) to be released on Thursday.  The PPI is a key indicator that lets us know how inflation is trending.  Thursday would also bring the Retail Sales information.  This is always important since retail spending makes up almost 70% of US economic activity.  Friday would end the week with the Import Prices and Housing Starts data.   

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!