Market Script (PEG)

Market Script (PEG)

Week of 06/08/2026

Present Market Conditions

Attributed to Sam Khater, Chief Economist.

 

“The 30-year fixed-rate mortgage decreased to 6.48% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving.”

Expectations

This week will give us quite a bit to take in on the financial front while all eyes continue to be focused on events in the Middle East. Tuesday brings our first significant report with the Existing Home Sales data. Wednesday follows with the Consumer Price Index (CPI). The CPI is a key indicator that lets us know what is taking place with inflation trends. Thursday will bring the weekly Initial Jobless Claims information along with the Producer Price Index (PPI). The PPI is another inflation measurement that investors will be watching closely. Friday finishes the week with the Consumer Sentiment report.

 

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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