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Discussions tagged with 'GCA Forums News Weekend Edition: November 10 through November 16 2025'
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Here is your week-in-review “LIVE” compilation from Mon, November 10 → Sun, November 16, 2025, based on sources and synthesized headlines. Relevant dates and corresponding sources are hyperlinked throughout for easy reference.
LAST WEEK
- Drafting Federal Policies about 50-Year Mortgage: There have been active discussions about implementing a 50-year Mortgage policy.
- Bill (William J.) Pulte is reportedly working on a 50-year mortgage policy.
- Several publishers, including Yahoo News New Zealand, have reported this.
- He was in the limelight this week during Pulte’s recent scrutiny tenure.
Mortgage Rates
- For 30-Year Fixed Rate Mortgage: 6.24% (↑ 0.02pp w/w).
- For 15-Year Fixed Rate Mortgage: 5.49% (↓ 0.01pp w/w).
SNAPSHOT OF INTEREST & MORTGAGE RATES
- This was the Freddie Mac Time printed the week of November 10-16.
- Following the positive inflation news, traders became more optimistic about potential rate cuts, and mortgage quotes remained largely unchanged overall.
LIVE STOCK MARKET DATA & NUMBERS (Week Ending Friday, November 14)
The week has seen the following on Equity:
- Tech was sold at a later stage.
- The week has seen the start of a Monday (November 10) rally, which was initiated by a strong AI/Big Tech sector, following a loss reported the previous week.
- Wrap: Dow plunges… week closes higher.
- Bitcoin sinks to a 6-month low.
- For the exact closes (daily), check the S&P 500 (GSPC) historical tape for Nov 11-14
LIVE ECONOMIC & FINANCIAL NEWS
The government shutdown ended this week after 43 days, the longest on record.
- President Trump signed the stopgap funding bill on Wednesday, November 12.
- The government reopens on a stopgap through January 30, 2026 (with some full-year minibus components).
- As a consequence, the October CPI and parts of the October jobs report were delayed/scrubbed.
- The shutdown incident.
- Officials said the unemployment rate for October will not be published.
- The original CPI/Employment BLS release calendars confirm the original CPI/Employment release (disrupted).
Commodities
- Gold was trading around the low $4,000/oz area on Friday; multiple trackers show an intraday range of $4,050-$4,190/oz on November 14, with the week’s range exceeding $4,100 at times.
- Silver was around $50-$51/oz on Friday.
LIVE JOBS & UNEMPLOYMENT NUMBERS
- The October national unemployment rate is not being reported, according to White House/press guidance (due to the shutdown), and only a partial payroll print is expected to be released.
- Expect data gaps until these agencies are fully up to date.
LIVE POLITICAL NEWS — ICE & BORDER PATROL IN SANCTUARY CITIES
- Chicago & Illinois: Region-wide initiatives (Operation Midway Blitz) have been ongoing for several weeks now, with focus on Week’s Coverage, including previously reported 550 Arrests.
- Community resistance and neighborhood coordination, as seen in ABC’s weekend coverage, are the most patterned and introverted efforts.
- Los Angeles: Increased federal activity within sanctuary jurisdictions, as per Border Patrol.
- Various lawsuits emerged over the weekend regarding the conditions at the Detention Center.
- Next Deployments: According to internal documents obtained from CBS, Border Patrol expects increased deployments to other Cities. (Charlotte, New Orleans.)
LIVE ELECTION RESULTS — NYC MAYOR
- Zohran Mamdani was elected mayor of New York City on Tuesday, November 4.
- Numerous organizations and the election site report that 50.4% of the vote has been cast.
- He will succeed Eric Adams on January 1, 2026.
CORPORATE LAYOFFS — BIG STORES LIKE AMAZON
- Amazon lays off 14,000 corporate employees (4% of its white-collar staff) as part of a restructuring and shift to AIAI investments.
- According to reports, as many as 30,000 cuts have been reported, although official communication has only announced 14,000 as of now.
LIVING EXPENSES (FOOD, VEHICLES, ETC.)
- With the CPI for October being delayed, analysts had to rely on previous reports from the BLS and private measures.
- Reports throughout that week pointed to persistent sticky inflation in core categories and the missing data from the government, making it difficult for the Fed’s interest rate policy to take effect in December.
SUMMARY OF A POSSIBLE OUTLOOK OF A 50-YEAR MORTGAGE
- In lenders’ pricing models, they assume lower monthly payments. However, there would undoubtedly be a substantial amount of extra interest to be paid throughout the full loan term compared to a standard 30-year term.
- Although this could help some buyers get DTI qualified in expensive zones.
- However, borrowers can slow their equity build and extend their interest-rate exposure on the loan.
- This week in experts’ discussions, the trade-offs in loans were more focused on.
Editor’s Notes and Fact
- Current Mayor of New York City: The winner of this election is confirmed as Zohran Mamdani.
- He won his position on November 4, 2025.
- His inauguration is on January 1, 2026.
- Current Director of the FHFA, Bill/William J. Pulte, has been featured in official letters and press releases cosigned this month as FHFA Director.
- Absence of the data: Since there was a 43-day government shutdown that lasted until November 12, there were several regular BLS releases (the CPI for October, the jobless rate for October) that were not sent out, and everyone is working to get their schedules back to normal.
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