Market Script (PEG)

Week of 03/23/2026

Present Market Conditions

Attributed to Sam Khater, Chief Economist.

"The 30-year fixed-rate mortgage edged up this week to 6.22% but remains nearly half a percentage point lower than the same time last year," said Sam Khater, Freddie Mac's Chief Economist. "Potential homebuyers are poised for a more affordable spring homebuying season than last with the market experiencing improvements in purchase applications and pending home sales.”

Expectations

This week will definitely be slower with regards to the financial reports but, all eyes will continue to be focused on events in the Middle East. Tuesday brings our first significant report with the U.S. Productivity report. Wednesday follows with the Import Price Index. Thursday will bring the weekly Initial Jobless Claims information. Friday finishes the week with the Consumer Sentiment data. Multiple Fed Officials will be giving speeches 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!