Current Rates (Source data last updated EOD December 29)
30-Year Conventional: 6.136%
30-Year FHA: 5.960%
30-Year VA: 5.725%
30-Year DSCR: ~6.64% (est., ~50 bps above 30Y conventional)
10-Year Treasury: 4.128%
Effective Fed Funds Rate: 3.64% (Target range: 3.50%–3.75%)
What Changed This Week
Mortgage pricing and Treasuries remain range-bound. Policy is steady. No new signal has emerged.
January: What Markets Are Watching
Jan 9 (8:30am ET): Jobs Report (unemployment + payrolls)
Jan 13 (8:30am ET): CPI Inflation
Jan 28 (2:00pm ET): Fed decision (FOMC) - See CME futures info for forecast
Fed Forecast (CME FedWatch — Jan 28)
83.9% probability of no change (3.50%–3.75%)
16.1% probability of a 25 bp cut
0% probability of a hike
One-line read: Markets are increasingly pricing policy stability heading into January.