Market Script (PEG)

Week of 09/15/25

Present Market Conditions

Attributed to Sam Khater, Chief Economist.

“The 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year,” said Sam Khater, Freddie Mac’s Chief Economist. “Mortgage rates are headed in the right direction and homebuyers have noticed, as purchase applications reached the highest year-over-year growth rate in more than four years.”

Expectations

This week is going to be a busy one with some very important economic data to digest.  Tuesday kicks off the major reports with the release of the Retail Sales information.  Retail Sales data is always important since retail spending makes up almost 70% of US economic activity.  Wednesday will be the day everyone is watching.  Housing Starts will be released but, even more importantly, our next FED Meeting is slated to take place.  Most investors our anticipating a 25 basis point reduction while others believe a 50 basis point adjustment could be in play.  Ultimately, investors will continue looking for hints regarding future monetary policy.  Thursday brings the last of the major reports for the week with the release of the Initial Jobless Claims 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!