by Calculated Risk on 12/22/2025 07:11:00 PM

From Matthew Graham at Mortgage News Daily: Mortgage Rates Hold Steady to Start Holiday-Shortened Week

Mortgage rates are tied to movement in the bond market and bonds were close enough to Friday's levels that mortgage rates were essentially unchanged today. This keeps the average lender in the lower portion of the narrow range seen over the past 4 months. [30 year fixed 6.24%]
emphasis added

Tuesday:
• At 8:30 AM ET, Durable Goods Orders for November.  The consensus is for a 0.4% increase.

• Also at 8:30 AM: Gross Domestic Product, 3rd Quarter 2025 (Initial Estimate) and Corporate Profits (Preliminary). The consensus is that real GDP increased 3.2% annualized in Q3, down from 3.8% in Q2.

• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for October. The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 75.9%.

• At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for December.