by Calculated Risk on 12/29/2025 07:57:00 PM
From Matthew Graham at Mortgage News Daily: New 2-Month Lows, Just Barely
With another holiday closure on deck and light calendar of events, the rate market is off to another uneventful start this week. In fact, the average lender barely budged from last Friday. But it was enough for MND’s 30yr fixed rate index to tick down by 0.01%.
This is the lowest level since October 28th–just barely edging out the lows seen on November 25th. There were only 5 days in November and one day in September with lower rates. Before that, you’d have to go back to September 2024 to see anything lower.[30 year fixed 6.194%]
emphasis added
Tuesday:
• At 9:00 AM ET, FHFA House Price Index for October. This was originally a GSE only repeat sales, however there is also an expanded index.
• Also at 9:00 AM, S&P/Case-Shiller House Price Index for October. The consensus is for an 1.1% year-over-year increase in the Composite 20 index for October.
• At 9:45 AM, Chicago Purchasing Managers Index for December.
• At 2:00 PM, FOMC MinutesMeeting of December 9-10<
