Market Script (PEG)

Week of 10/27/2025

Attributed to Sam Khater, Chief Economist.

 “Mortgage rates continued to trend down this week, hitting their lowest level in over a year,” said Sam Khater, Freddie Mac’s Chief Economist. “At the start of 2025, the 30-year fixed-rate mortgage surpassed 7%, while today it hovers nearly a full percentage point lower. This dynamic has kept refinancings high, accounting for more than half of all mortgage activity for the sixth consecutive week.”

 Expectations

There is a strong possibility that limited major economic data will be released if the government shutdown continues.  At the very least we can expect to see the Consumer Confidence data released on Tuesday along with the Pending Homes Sales report and the Fed Meeting scheduled for Wednesday.  If there are any government reports released, you can look to see the Durable-goods orders information on Monday and the Gross Domestic Product (GDP) on Thursday.  Friday would finish up the week with the Core PCE price index which is a favored inflation indicator for the Fed.   Again, we have multiple Fed Officials slated to speak 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!