On today’s Hot Sheet, Byron Lazine covered Logan Mohtashami’s 2026 housing forecast for HousingWire, including projected mortgage rates of 5.75% to 6.75% and a modest 0.62% home price dip as inventory improves.
He also broke down CNBC’s review of the December FOMC Minutes, where the Fed cut rates by 0.25 points in a close 9–3 vote to a 3.5% to 3.75% range.
Finally, he reviewed the latest U.S. Department of Labor report showing initial claims down to 199,000 and insured unemployment at 1.87M, with the jobless rate steady at 1.2%.