Mortgage Watch

 Mortgage Rate Watch: Holiday Week Snapshot

Dec 26 → This Morning

Mortgage Rates barely moved over the holiday week and remain at lows — exactly what we expect when Christmas and New Year’s land back‑to‑back. With most bond traders taking time off, trading volume drops sharply, and the market tends to move in slow motion.

 MBS & Rate Movement

Last Friday (12/26):

  • MBS pricing was slightly stronger = better rates
  • Trading volume was very light
  • Rates held steady or modestly better

This Morning:

  • Same pattern: quiet, low‑volume, stable
  • Some lenders showing small improvements, but nothing dramatic

 What This Means for Homebuyers

  • Rates are stable, which is great for planning and locking
  • Floating is also reasonable because volatility is low
  • The real market movers return next week with jobs data, inflation reports, and fresh Fed commentary.

 BOTTOM LINE: This is one of the calmest rate environments you’ll see all year. If you’re buying or refinancing, use this quiet window to get prepped, get quoted, and get positioned before the market wakes back up next week!

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SOURCE & AUTHOR | Keith Murphy Branch Manager – Essex Mortgage NMLS #330827 Direct: 714-309-1140 Apply: www.GoTeamMurphy.com

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About The Author

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Tim Morissette, also known in the community as Mr. Foothill Ranch, offers over 48 years of real estate experience which has given him an established reputation and unmatched market knowledge. He is joined by his wife, Michele and sons Matt and Jeff, as they continue to offer personal service with an emphasis on achieving his clients’ real estate goals.  This unique combination of traits has led to his proven track record of referral and repeat business. This can be witnessed by the trust of homeowners in Foothill Ranch where he has sold twice as many homes and represented three times more buyers than the next-leading real estate agent for the last 29 years.

As residents of Foothill Ranch since 1994, Tim and Michele are actively involved in the community by fundraising for Foothill Ranch Library, Make-a-Wish Foundation, Cancer Society, Homes for Habitat, Relay for Life, South County Outreach, and the local church and schools. Tim enjoys sponsoring community-wide garage sales, paper shredding and e-waste recycling event, an Easter egg hunt, & a Meet Santa Event.

Tim and Michele are dedicated to their family of four sons, daughter-in-laws, and grandchildren. As a family, they enjoy many outdoor activities which include camping, spearfishing, mountain climbing and exploring the miles of hiking and equestrian trails in Foothill Ranch and the Whiting Ranch Wilderness Park. Tim and his sons are also avid snowboarders and enjoy mountain biking and lobster diving. Family is a top priority in the Morissette household. They look forward to helping more families achieve their dreams of homeownership.