Recent Market Metrics

Current

Mortgage Application Volume

rose

2.7% for the week ending Jun 27

2.7%

1.1%

more details

The survey covers over 75 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrifts. Base period and value for all indexes is March 16, 1990=100.

02-Jul-25 9:54 AM ET - MBA

Next: 09-Jul-25

ADP NonFarm Payroll

fell

33,000 in Jun, the largest drop since Dec 2020

-33,000

37,000

more details

Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute in collaboration with Moody's Analytics. The report, which is derived from ADP's actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

02-Jul-25 8:48 AM ET - ADP

Next: 01-Aug-25

US Construction Spending

fell

0.3% in May, to $2138.2 Billion/yr

-0.3%

-0.4%

more details

The Value of Construction Put in Place Survey provides monthly estimates of the total dollar value of construction work done in the U.S. The United States Code, Title 13, authorizes this program. The survey covers construction work done each month on new structures or improvements to existing structures for private and public sectors. Data estimates include the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction, and contractor's profits. Data collection and estimation activities begin on the first day after the reference month and continue for about three weeks. Reported data and estimates are for activity taking place during the previous calendar month. The survey has been conducted monthly since 1964.

01-Jul-25 12:03 PM ET - USCB

Next: 01-Aug-25

US Personal Income

fell

0.4% in May, the largest drop since Sep 2021

-0.4%

0.8%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Personal Income monthly.

27-Jun-25 10:06 AM ET - U.S. Bureau of Economic Analysis

Next: 28-Jul-25

US Consumer Spending (PCE)

rose

0.1% in May

0.1%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Personal Consumption Expenditures monthly. A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation.

27-Jun-25 10:06 AM ET - U.S. Bureau of Economic Analysis

Next: 31-Jul-25

US Disposable Income

fell

0.6% in May, the largest drop since Jan 2022

-0.6%

0.8%

more details

The US Bureau of Economic Analysis publishes seasonally adjusted data for Disposable Personal Income monthly.

27-Jun-25 10:06 AM ET - U.S. Bureau of Economic Analysis

Next: 28-Jul-25

Canada GDP

grew

at an annualized rate of 1.3% in Apr, the least in 8 mos

1.3%

1.7%

more details

Canadian GDP is reported monthly by Statistics Canada. The annual growth rate is the percentage change of current-month GDP at basic prices from the same month one year ago.

27-Jun-25 9:33 AM ET - Statistics Canada

Next: 31-Jul-25

US Corporate Profits

rose

8.4% in Q1 (vs. Q1 2024), to $3.60 Trillion/yr

8.4%

12.1%

more details

Corporate profits represents the portion of the total income earned from current production that is accounted for by U.S. corporations. The estimates of corporate profits are an integral part of the national income and product accounts (NIPAs), a set of accounts prepared by the Bureau of Economic Analysis (BEA) that provides a logical and consistent framework for presenting statistics on U.S. economic activity.

26-Jun-25 1:57 PM ET - U.S. Bureau of Economic Analysis

Next: 25-Sep-25

US Real GDP

grew

at an annualized rate of 2.1% in Q1, the least since Mar 2023

2.1%

2.5%

more details

A comprehensive measure of U.S. economic activity. GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.

26-Jun-25 1:57 PM ET - U.S. Bureau of Economic Analysis

Next: 25-Sep-25

30-Yr Fixed Mortgage Rate

fell

to 6.77% on Jun 26, down from 6.81% on Jun 18

6.77%

6.81%

more details

Freddie Mac's Primary Mortgage Market Survey® (PMMS®) surveys lenders each week on the rates and points for their most popular 30-year fixed-rate, 15-year fixed-rate, 5/1 hybrid amortizing adjustable-rate, and 1-year amortizing adjustable-rate mortgage products. The survey is based on first-lien prime conventional conforming mortgages with a loan-to-value of 80 percent. In addition, the adjustable-rate mortgage (ARM) products are indexed to U.S. Treasury yields and lenders are asked for both the initial coupon rate and points as well as the margin on the ARM products.

26-Jun-25 12:04 PM ET - Freddie Mac

Next: 03-Jul-25

15-Yr Fixed Mortgage Rate

fell

to 5.89% on Jun 26, down from 5.96% on Jun 18

5.89%

5.96%

more details

26-Jun-25 12:04 PM ET - Freddie Mac

Next: 03-Jul-25

Initial Unemployment Claims

fell

4.1% for the week ending Jun 21, to 236,000

236,000

246,000

more details

The US Department of Labor's Office of Unemployment Insurance publishes a report of unemployment insurance claims each Thursday. The figure reported here is the seasonally-adjusted number of people filing for unemployment insurance benefits the first time during the prior week (ending Saturday).

26-Jun-25 9:18 AM ET - US Dept of Labor

Next: 03-Jul-25

New Home Sales

fell

16.2% in May, to 623,000/yr, the lowest level in 7 mos

623,000

743,000

more details

This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction (SOC), which is partially funded by the Department of Housing and Urban Development (HUD).

25-Jun-25 10:45 AM ET - USCB

Next: 24-Jul-25

Case-Shiller 20-City Home Price Index

rose

3.4% in Apr vs. previous year, to 341.48

3.4%

4.1%

more details

The S&P/Case-Shiller Home Price Indices are the leading measures for the US residential housing market, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.

24-Jun-25 4:32 PM ET - Standard & Poor's

Next: 30-Jun-25

Existing Home Sales

rose

0.8% in May, to 4,030,000/yr

4,030,000

4,000,000

more details

The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

23-Jun-25 10:43 AM ET - National Association of Realtors

Next: 23-Jul-25

Home Sales Inventory

rose

4.5% in May, to 4.6 months, to the highest level since May 2020

4.6

4.4

more details

23-Jun-25 10:26 AM ET - National Association of Realtors

Next: 23-Jul-25

US Retail Sales

fell

0.9% in May, to $715.4 Billion

-0.9%

-0.1%

more details

The Monthly State Retail Sales (MSRS) is the Census Bureau's new experimental data product featuring modeled state-level retail sales. This is a blended data product using Monthly Retail Trade Survey data, administrative data, and third-party data. Year-over-year percent changes are available for Total Retail Sales excluding Nonstore Retailers as well as 11 retail North American Industry Classification System (NAICS) retail subsectors. These data are provided by state and NAICS codes beginning with January 2019. The Census Bureau plans to continue to improve the methodology to be able to publish more data in the future.

18-Jun-25 9:18 AM ET - USCB

Next: 17-Jul-25

US Producer/Wholesale Price Index

rose

0.1% in May

0.1%

-0.5%

more details

The Producer Price Index (PPI) of the Bureau of Labor Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI). CPIs measure price change from the purchaser's perspective. Sellers' and purchasers' prices can differ due to government subsidies, sales and excise taxes, and distribution costs.

12-Jun-25 2:23 PM ET - U.S. Bureau of Labor Statistics

Next: 16-Jul-25

UK GDP

contracted by

0.3% in the 3 months to Apr, the lowest rate in 21 mos

-0.3%

0.2%

more details

The UK Office for National Statistics publishes Preliminary Estimates of GDP approximately one month after the end of a given quarter, followed by Second Estimates a month later and the Final Estimates a month after that.

12-Jun-25 2:23 PM ET - UK Office of National Statistics

Next: 11-Jul-25

US Treasury reported a

deficit

of $316 Billion in May, the highest deficit in 6 mos

-$316

-$258

more details

The US Treasury publishes the Monthly Treasury Statement (MTS) at 2:00 PM on the 8th business day of each month.

The MTS summarizes the financial activities of the federal government and off-budget federal entities in accordance with the Budget of the U.S. Government, inlcuding:

Receipts and outlays
Surplus or deficit
Means of financing on a modified cash basis

Data provided by federal entities, disbursing officers, and Federal Reserve Banks.

11-Jun-25 2:12 PM ET - US Department of the Treasury

Next: 11-Jul-25

UK Unemployment Rate

rose

to 4.6% in Apr, up from 4.5% in Mar & the highest since Aug 2021

4.6%

4.5%

more details

Estimates of employment, unemployment, economic inactivity and other employment-related statistics for the UK.

11-Jun-25 2:03 PM ET - UK Office of National Statistics

Next: 17-Jul-25

Overall US Inflation

rose

0.1% in May

0.1%

0.2%

more details

The Consumer Price Index (CPI) is a measure of the average change in prices over time of goods and services purchased by households. The Bureau of Labor Statistics publishes CPIs for two population groups:

(1) the CPI for Urban Wage Earners and Clerical Workers (CPI-W),which covers households of wage earners and clerical workers that comprise approximately 29 percent of the total population and

11-Jun-25 2:03 PM ET - U.S. Bureau of Labor Statistics

Next: 15-Jul-25

Core US Inflation

rose

0.1% in May

0.1%

0.2%

more details

(1) the CPI for Urban Wage Earners and Clerical Workers (CPI-W),which covers households of wage earners and clerical workers that comprise approximately 29 percent of the total population and

11-Jun-25 2:03 PM ET - U.S. Bureau of Labor Statistics

Next: 15-Jul-25

EU GDP

grew

at an annualized rate of 1.2% in Q1

1.2%

more details

European Union gross domestic product (GDP) is published by the Europan Central Bank at market prices. It is a measure of the economic activity, defined as the value of all goods and services produced less the value of any goods or services used in their creation. The calculation of the annual growth rate of GDP volume is intended to allow comparisons of the dynamics of economic development both over time and between economies of different sizes.

06-Jun-25 1:07 PM ET - ECB

Next: 05-Sep-25

US Unemployment Rate

remained at

4.2% in May

4.2%

more details

The Current Employment Statistics (CES) program produces detailed industry estimates of nonfarm employment, hours, and earnings of workers on payrolls. CES National Estimates produces data for the nation, and CES State and Metro Area produces estimates for all 50 States, the District of Columbia, Puerto Rico, the Virgin Islands, and about 450 metropolitan areas and divisions.

06-Jun-25 9:18 AM ET - U.S. Bureau of Labor Statistics

Next: 03-Jul-25

US NonFarm Payroll

rose

139,000 in May, the least in 7 mos

139,000

177,000

more details

06-Jun-25 9:18 AM ET - U.S. Bureau of Labor Statistics

Next: 03-Jul-25

US Productivity

decreased

at an annualized rate of 1.5% in Q1, the largest drop since Mar 2023

-1.5%

1.5%

more details

Productivity and cost measures are regularly revised as more complete information becomes available. The measures are first published within 40 days of the close of the reference period; revisions appear 30 days later, and second revisions after an additional 60 days. In the business sector, the third publication (second revision) of a quarterly index of output per hour of all persons has differed from the initial value by between -1.4 and 1.4 index points approximately 95 percent of the time. This interval is based on the performance of this measure between the fourth quarter of 1995 and the third quarter of 2020.

05-Jun-25 2:18 PM ET - U.S. Bureau of Labor Statistics

Next: 04-Sep-25

5-Yr ARM

rose

to 6.06% on Nov 10, up from 5.95% on Nov 3 & the highest in 8 mos

6.06%

5.95%

more details

10-Nov-22 10:02 AM ET - Freddie Mac

Next: 24-Nov-22

ISM Manufacturing Index

fell

to 60.6% in Jun, down from 61.2% in May

60.6%

61.2%

more details

he ISM manufacturing index, also known as the purchasing managers' index (PMI), is a monthly indicator of U.S. economic activity based on a survey of purchasing managers at more than 300 manufacturing firms. It is considered to be a key indicator of the state of the U.S. economy.

01-Jul-21 5:33 PM ET - Institute of Supply Management

Next: 01-Oct-21

1-Yr ARM

remained at

2.68% on Dec 31

2.68%

more details

Mortgage Rates Top Four Percent

MCLEAN, VA--(Marketwired - Dec 31, 2015) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS^®), showing fixed mortgage rates moving higher with the 30-year fixed-rate mortgage breaking above four percent for the first time in five months.

News Facts

30-year fixed-rate mortgage (FRM) averaged 4.01 percent with an average 0.6 point for the week ending December 31, 2015, up from last week when it averaged 3.96 percent. A year ago at this time, the 30-year FRM averaged 3.87 percent.
15-year FRM this week averaged 3.24 percent with an average 0.6 point, up from 3.22 percent last week. A year ago at this time, the 15-year FRM averaged 3.15 percent.
5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.08 percent this week with an average 0.4 point, up from last week when it averaged 3.06 percent. A year ago, the 5-year ARM averaged 3.01 percent.
1-year Treasury-indexed ARM averaged 2.68 percent this week with an average 0.2 point, unchanged from last week. At this time last year, the 1-year ARM averaged 2.40 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for the Regional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

As of January 1, 2016, the PMMS will no longer provide results for the 1-year ARM. Additionally, the regional breakouts will not be provided for the 30-year and 15-year fixed rate mortgages, and the 5/1 Hybrid ARM.

Quote
Attributed to Sean Becketti, chief economist, Freddie Mac.

"In the final week of 2015, Treasury yields jumped reacting in part to strong consumer confidence in December. In response, the 30-year mortgage rate rose 5 basis points to 4.01 percent, ending a 5-month span below 4 percent. After averaging 3.9 percent in the fourth quarter of 2015, we expect the 30-year mortgage rate to average 4.7 percent for the fourth quarter of 2016."

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Additional information is available at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.

31-Dec-15 10:48 AM ET - Freddie Mac

Next: 07-Jan-16