Market Script (PEG)

Market Script (PEG)

Week of 11/10/25

Present Market Conditions

Attributed to Sam Khater, Chief Economist. 

 “This week the 30-year fixed-rate mortgage averaged 6.22%. On a median-priced home, this could allow a homebuyer to save thousands annually compared to earlier this year, showing that affordability is slowly improving,” said Sam Khater, Freddie Mac’s Chief Economist.

 Expectations  

 There is a strong possibility that limited major economic data will be released as the government shutdown continues.  At the very least, we can expect to see multiple fed officials speaking throughout the week.  If there are any government reports released, you can look to see the Consumer Price Index (CPI) released on Thursday and the Producer Price Index (PPI) released on Friday.  Both of these reports are closely watched as they focus on the current inflation numbers.  Friday could also bring the Retail Sales data to finish up 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!

 

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