Market Wrap-up

Our benchmark FNMA MBS 5.500 November Coupon is up +0 BPS at 3:15 PM ET.

Glass Half Empty: We got the Preliminary November Consumer Sentiment Index at 10 am ET. Last month it was 53.6 and the total dropped even further down to 50.3. The 1YR Inflation Expectations moved from 4.6% to 4.7% and the 5YR moved from 3.9% down to 3.6%.

Consumer Credit: The September Consumer Credit Change jumped from 0.36B to 13.09B versus estimates of 10B.

 

No change in interest rates this week, some back and forth day-to-day swings but at the end of it rates are where they ended last Friday. The big moves were in the stock markets with traders and investors consolidating the rapid recent gains.

The shutdown and weaker employment showed up in today’s University of Michigan mid-November consumer sentiment index, all categories weaker. The current conditions index slid to 52.3, a drop of nearly 11% from last month, while the future expectations measure fell to 49.0, down 2.6%. On a year-ago basis, the two measures respectively slumped 18.2% and 36.3%. The read on consumers the lowest in three years. Data collection and releases suspended during the shutdown, measures like the Michigan sentiment survey loom larger as alternative measures of economic progress.

Optimism improved this week that the shutdown may end very soon. Chuck Schumer offered a new plan to Republicans today that would allow the U.S. government to reopen after a shutdown that began on October 1st. Schumer’s proposal calls for Democrats to agree to pass a so-called clean resolution that would provide short-term funding for government operations; Republicans would agree to a one-year extension of existing enhanced tax credits that are used to reduce the cost of health insurance purchased on Affordable Care Act marketplaces. Also, Democrats want to establish a bipartisan committee to continue negotiations on long-term reforms to address the issue of health-care affordability.

The economy is slowing, unemployment is increasing, the government may open next week. The odds of another Fed rate cut have increased this week. Still an argument is being made the Fed won’t move, there is a batch of unreleased data because of the closure and getting it all out will likely take a while with some data never being released.

This Week: The 10 year note unch (+1 bp), the 2 year note yield declined 5 bps. FNMA 5.5 30 year coupon this week unch (+1 bp). The DJIA this -1,576, NASDAQ -790, S&P -111. The dollar softened, the index -0.22, gold increased $4.00, crude oil +$17.00. Bitcoin dropped 6,070.

 

PRICES @ 4.00 PM

10 year note: 4.09% unch

5 year note: 3.68% -1 bp

2 year note: 3.56% -1 bp

30 year bond: 4.70% +2 bp

30 year FNMA 5.5: 101.05 -3 bp (+6 bp from 9:30)

30 year FNMA 6.0: 102.24 -2 bp (+5 bp from 9:30)

30 year GNMA 5.0: 99.51 -4 bp (+3 bp from 9:30)

Dollar/Yen: 153.37 +0.31 yen

Dollar/Euro: $1.1566 +$0.0019

Dollar Index: 99.55 -0.18

Gold: $4,011.60 +$20.60

Bitcoin: 103,805 +2941

Crude Oil: $59.75 +$0.32

DJIA: 46,987.10 +74.80

NASDAQ: 23,004.54 -49.46

S&P 500: 6728.80 +8.48

SOFR Data 11/07: 30-DAY AVERAGE(%): 4.18145, 90-DAY AVERAGE(%): 4.28204, 180-DAY AVERAGE(%): 4.33537, INDEX: 1.21935214

 

POLAND

Name, not sorted	Value, not sorted	Change, not sorted	% Change, not sorted	1 Month, not sorted	1 Year, not sorted	Time (EDT), not sorted
WIG20:IND WIG 20	3,006.58	29.33	0.99%	4.81	34.15%	11/06/2025
WIG:IND WSE WIG INDEX	112,193.00	633.00	0.57%	3.94	39.36%	11/06/2025
WIG30:IND WIG30	3,881.32	25.67	0.67%	4.25	36.73%	11/06/2025

 

WALUTY

 

Currency, not sorted	Value, not sorted	Change, not sorted	Net Change, not sorted	Time (EDT), not sorted
EUR-USD	1.1539	0.00	0.07%	8:33 PM
USD-JPY	153.1400	0.08	0.05%	8:34 PM
GBP-USD	1.3127	0.00	0.08%	8:33 PM
AUD-USD	0.6475	0.00	0.08%	8:34 PM
USD-CAD	1.4125	0.00	0.06%	8:33 PM
USD-CHF	0.8070	0.00	0.07%	8:34 PM

 

USD-MXN

18.5848

0.00

0.02%

8:35 PM

 

 

USD-CZK	21.0979	0.01	0.04%	8:38 PM
USD-SKK	26.1071	0.02	0.07%	8:38 PM
USD-PLN	3.6833	0.00	0.09%	8:37 PM
USD-HUF	334.8200	0.53	0.16%	8:37 PM
USD-RUB	81.2290	0.12	0.15%	11/06/2025

 

POŻYCZKI HIPOTECZNE

 

ELITE 21-30 YEAR				ELITE 11-15 YEAR
RATE	15 DAY	30 DAY	45 DAY	RATE	15 DAY	30 DAY	45 DAY
7.500	-4.242	-4.152	-4.022	6.625	-3.603	-3.513	-3.383
7.375	-3.804	-3.714	-3.584	6.500	-3.443	-3.353	-3.223
7.250	-3.344	-3.254	-3.124	6.375	-3.169	-3.079	-2.949
7.125	-3.275	-3.185	-3.055	6.250	-2.669	-2.579	-2.449
6.999	-3.092	-3.002	-2.872	6.125	-2.549	-2.459	-2.329
6.875	-2.647	-2.557	-2.427	6.000	-2.306	-2.216	-2.086
6.750	-2.111	-2.021	-1.891	5.875	-2.029	-1.939	-1.809
6.625	-2.599	-2.509	-2.379	5.750	-1.540	-1.450	-1.320
6.500	-2.246	-2.156	-2.026	5.625	-1.462	-1.372	-1.242
6.375	-1.662	-1.572	-1.442	5.500	-1.206	-1.116	-0.986
6.250	-1.038	-0.948	-0.818	5.375	-0.875	-0.785	-0.655
6.125	-1.556	-1.466	-1.336	5.250	-0.353	-0.263	-0.133
5.999	-1.127	-1.037	-0.907	5.125	-0.200	-0.110	0.020
5.875	-0.503	-0.413	-0.283	5.000	0.172	0.262	0.392
5.750	0.228	0.318	0.448	4.875	0.549	0.639	0.769
5.625	-0.041	0.049	0.179	4.750	1.078	1.168	1.298
5.500	0.476	0.566	0.696	4.625	1.216	1.306	1.436
5.375	1.288	1.378	1.508	4.500	1.615	1.705	1.835
5.250	2.140	2.230	2.360	4.375	2.022	2.112	2.242

 

 

 

30 Yr. Fixed 6.29% -0.08% 6.13% 7.26% 15 Yr. Fixed 5.82% -0.04% 5.6% 6.59% 30 Yr. Jumbo 6.40% +0.00% 6.1% 7.45%

Compare Mortgage Rates from Local Lenders for Nov 6, 2025

Nice Little Recovery For Mortgage Rates Thu, Nov 6, 2025 4:29PM As of yesterday afternoon, mortgage rates were right in line with the highest levels in more than a month. The upward momentum was largely a product of 2 specific days: the October 29th Fed announcement and yesterday’s duo of economic reports that suggested less cause for concern over the labor market and strength of the services sector. Now today, we have different economic data telling a different story.  Were it not for the government shutdown, the market may have never placed nearly as much emphasis on today’s data. In fact, today is the first time that many market participants have … (read more)

Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.29% -0.08 0.00 15 Yr. Fixed 5.82% -0.04 0.00 30 Yr. FHA 6.02% -0.07 0.00 30 Yr. Jumbo 6.40% 0.00 0.00 7/6 SOFR ARM 6.03% 0.00 0.00 30 Yr. VA 6.03% -0.07 0.00 Updates Daily – Last Update: 11/6   Freddie Mac Rate Change Points 30 Yr. Fixed 6.22% +0.05 0.00 15 Yr. Fixed 5.50% +0.09 0.00 Updates Weekly – Last Update: 11/6   Mortgage Bankers Assoc. 30 Yr. Fixed 6.30% -0.07 0.58 15 Yr. Fixed 5.67% -0.07 0.61 30 Yr. Jumbo 6.38% -0.01 0.34 Updates Weekly – Last Update: 10/29

UMBS 30YR 5.0 99.53 +0.25 95.05 100.11 UMBS 30YR 5.5 101.09 +0.17 97.47 101.40 10 YR Treasury 4.090 -0.071 3.932 4.780

New Data Sources Bring New Inspiration Thu, Nov 6, 2025 10:49AM The shutdown has not only placed more emphasis on the alternative data that was already in the rotation, but also fueled interest in new sources. One that you’ll likely hear more about in the coming months is Revelio Labs, a company using data aggregation and modeling to synthesize it’s own version of nonfarm payrolls.  While it’s far from an exact matc… (read more)

MBS Price Change UMBS 4.5 97.50 +0.36 UMBS 5.0 99.53 +0.25 UMBS 5.5 101.09 +0.17 GNMA 4.5 97.61 +0.24 GNMA 5.0 99.70 +0.19 GNMA 5.5 100.88 +0.12 Pricing as of: 11/6 5:11PM EST   US Treasury Yield Change 2 YR Treasury 3.562 -0.073 5 YR Treasury 3.687 -0.078 7 YR Treasury 3.875 -0.076 10 YR Treasury 4.090 -0.071 30 YR Treasury 4.682 -0.058 Pricing as of: 11/6 5:11PM EST